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World’s Youngest Stock Market Struggles in Myanmar

YANGON, Myanmar (AP) — The day’s trading is about to begin on the world’s youngest stock exchange, and the MYANPIX index and opening share prices flash across an electronic screen, but barely a footfall or a voice are heard within the cavernous, colonial era building in the bustling heart of Myanmar’s commercial capital. A gilded […]

China’s plans for Myanmar town hold few local opportunities

KYAUKPYU, Myanmar (AP) — China’s plan for its foothold on the Bay of Bengal, on Myanmar’s western coast in restive Rakhine state, includes an industrial zone, oil refinery and deep-water port that could transform a sleepy, remote town of 30,000 into a thriving business hub. The plan for Kyaukpyu is central to Beijing’s ambitions in […]

India Offers Myanmar’s Suu Kyi Help in Energy, Agriculture

NEW DELHI (AP) ” India offered on Wednesday to provide help with energy and agriculture in response to a request from visiting Myanmar leader Aung San Suu Kyi for cooperation in building infrastructure in her country. Indian Prime Minister Narendra Modi met with Suu Kyi in New Delhi and also offered help in restoring pagodas […]

Myanmar forest-cutting continues despite government efforts

PINLEBU, Myanmar (AP) — The hills of northern Myanmar’s Sagaing region were so legendarily thick with forests that in the days of kings, condemned criminals were ordered into the woods as a death sentence. Today illegal logging has left vast swaths of bare patches, with only a handful of old-growth stands. Despite a temporary ban […]