Myanmar appeals for international assistance for flood relief

Myanmar said on Tuesday it had appealed for international assistance to help provide food, temporary shelter and clothing for more than 210,000 people affected by widespread flooding following weeks of heavy monsoon rains. At least 47 people have died in the floods, according to the government. Myanmar’s call for international aid stands in sharp contrast […]

World Bank approves $140 million for Myanmar electricity

WASHINGTON – The World Bank’s board on Tuesday approved a $140 million interest-free loan to fund a more efficient power plant in Myanmar, as the bank seeks to support reforms in the Southeast Asian country. The World Bank has stepped up its engagement with Myanmar, which is rich in resources but underdeveloped after decades of […]