Major earthquake strikes central Myanmar, kills four, destroys pagodas

A powerful 6.8 magnitude earthquake shook central Myanmar yesterday, killing at least four people and damaging famous pagodas in Bagan and other regions. The earthquake, with its epicenter inside Myanmar, about 12 miles west of Chauk and about 123 miles southwest of the Mandalay seismological observatory, was recorded at 5.04 pm, according to the announcement […]

Yangon Stock Exchange closer to reality

Two Japanese firms and Myanma Economic Bank on December 23 signed an agreement to establish the Yangon Stock Exchange, which is set to be opened late 2015. The agreement between Daiwa Institute of Research, an arm of Daiwa Securities Group, as well as Japan Exchange Group and state-owned Myanma Economic Bank, is the result of […]