Naypyitaw – The government will file lawsuits against 138 mining companies which allegedly failed to deliver gold to the Ministry of Natural Resources and Environmental Conservation, according to government spokesman U Zaw Htay. “We are planning to file lawsuits against 138 companies and have sent notices to 104 firms,” said U Zaw Htay. The Irrawaddy […]
Finance Minister Admits Economy is Underperforming
December 27, 2017 by
NAYPYITAW — Planning and Finance Minister U Kyaw Win has admitted that Myanmar’s economy has not improved as well as expected, six months after he compared the country’s economy to a jet plane about to take off. “There are suggestions that the country’s economy has not picked up as we expected. Considering the current situation, we […]