Thursday, October 04, 2012

Four more special industrial zones set for Burma

Wednesday, 03 October 2012 13:21 Mizzima News
Burma plans to set up seven more local industrial zones in addition to the existing 
18 in the country, official state-run media said on Wednesday.


ADB Slashes Growth Forecasts

BANGKOK—After years of rapid growth, Asia’s developing economies now face much 
more modest prospects and must refashion themselves to reduce dependence on exports, 
the Asian Development Bank (ADB) said Wednesday in a report that slashes growth 
forecasts for this year and next.


Investment bank opens in Burma

Wednesday, 03 October 2012 13:46 Mizzima News
Burma’s first investment bank, Mandalay Capital, started by an Uzbekistan man 
who was educated at Columbia and Oxford universities, has set up shop in Burma, 
in spite of the country’s still nascent investment laws.


Burmese man tortured to death in police custody, says family

Wednesday, 03 October 2012 12:55 Mizzima News

The Burmese family of a 19-year-old man who died during police interrogation 

in a murder case was brutally tortured, they said, and they are seeking justice in the case. 


The role of peace fund initiatives in Burma

Wednesday, 03 October 2012 12:35 Mizzima News
Despite a tenuous situation, the international community has begun planning 
and implementing a range of peace fund initiatives in Burma, including 
Norway’s Myanmar Peace Support Initiative and the World Bank’s Community 
Driven Development Program using its State and Peace-Building Fund. 

Buddhist Monk Arranges Rice Donation to Kachins

RANGOON—One of Burma’s most respected senior monks, U Nyanithara, 
will present a donation of 100 sacks of rice to people in Putao, a district 
in the northernmost part of Kachin State where people have been facing 
shortages for several months.