Naypyidaw’s business deals still secretive; IMF predicts 6.75 percent GDP growth; Thai top visitor numbers for Burma, fast food chains jostle for Rangoon’s main streets.
The kyat has plunged more than 7 percent the past month to the lowest since it was floated last year, raising concern about economic stability.
Plans to renovate Rangoon General Hospital will include the construction of a new 1,000-bed facility near the current hospital within the next year.
Coffee is the latest angle on Burma’s “emerging market,” but an age-old fondness for tea and economic factors may limit its reach for now.
A librarian risked prison time by lending books during the former military regime and was caught by President Thein Sein’s current spokesman—with surprising results.
Indonesia’s elite anti-terrorism squad arrested two suspected militants, including a would-be suicide bomber, in connection with a plot to bomb the Burma Embassy.
The United States will help Burma to repair some of the main infrastructure of the country’s transportation sector.