Strong quake hits northern Myanmar, shakes neighbouring countries

A 6.9-magnitude earthquake struck Myanmar on Wednesday, causing tremors around the region, including in neighbouring Bangladesh where scores were reported injured in stampedes and buildings were damaged. YANGON: A 6.9-magnitude earthquake struck Myanmar on Wednesday (Apr 13), causing tremors around the region, including in neighbouring Bangladesh where scores were reported injured in stampedes and buildings […]

Gov’t to Spend Almost K1 Billion to Develop Sagaing Animal Husbandry

The Ministry of Livestock, Fisheries and Rural Development will provide K960 million in loans to develop animal husbandry in the villages of Sagaing region, according to Dr Myint Soe, assistant director of Livestock and Veterinary Department of Sagaing region. Each of the 32 villages will get a loan of K30 million, and those who breed […]

UK to invest in Myanmar’s oil, gas and travel sectors

The United Kingdom has pledged to invest over US$385 million in Myanmar in two years time, according to statistics of the Directorate of Investment and Company Registration. The UK invested over US$2659.954 million in March 2011, and the investment is increased to over US$3045.434 million in June 2013. China is still the biggest investor in […]