The country plans to relocate hotels in preparation of the ancient city’s final nomination dossier to become a Unesco World Heritage Site.
The package of low-interest loans will be used to fund projects including infrastructure and small company financing meant to help improve rural incomes.
The NLD-led govt has turned 1 of 24 state-owned factories operating at a loss profitable, says industry minister.
As it marks the 2nd anniversary of its historic victory, the party can point to progress on health and rights, but democratic, economic development is slow.
China said it will continue to talk to Myanmar about a controversial stalled dam project, after Myanmar’s new energy minister cast doubt over the scheme.
The govt has granted one billion kyats for research and development in the health sector, according to the minister for health and sports.
The memorandum of understanding regarding development is signed following slow progress due to a transfer of power and then recent violence in the region.
Government will spend four billion kyats from emergency funds on electricity supply, security and development in Rathedaung, Buthidaung, and Maungdaw townships.
Authorities use water cannons and electric rods to end a five-month protest by villagers blockading a textile plant that serves global fashion brands.
Govt says squatters are a burden to industrial development and that it will accommodate them before its term expires in 2020.
Daw Aung San Suu Kyi will be forced to rely more and more on China.
Despite violence ravaging northern Rakhine, local govt plan to establish an economic zone in a joint venture with seven Myanmar businesses this year.
Foreign investment since April is at more than $3.5 billion, according to the finance ministry.
A proposal to build a cable car at Mandalay Hill, a landmark in the cultural center of Mandalay, is widely criticized by locals.
Locals have been protesting the factory’s coal-fired power plant since last year.