Myanmar

Rush Before Power Transfer Pushes Myanmar FDI to Record $9 Bln

By Aung Hla Tun YANGON, April 4  – Foreign direct investment (FDI) in Myanmar in the fiscal year ending in March grew to nearly $9 billion, a government official said on Monday, after a rush of last-minute approvals before the handover of power to Aung San Suu Kyi’s administration. The figure, a record high, rose

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Hope For Change in Myanmar Stems Rohingya Migrant Flow

By Simon Webb BANGKOK, March 21 – Hope that the conditions will improve for the Rohingya Muslim minority in Myanmar under Aung San Suu Kyi’s new government has contributed to a slowdown in the number fleeing to Thailand and beyond, the United Nations and European Union said on Monday. As the season that smuggling and

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Myanmar’s Suu Kyi Unlikely To Take Formal Role in New Government

By Hnin Yadana Zaw NAYPYITAW, March 21  – Myanmar democracy champion Aung San Suu Kyi is unlikely to take a formal position in the incoming government of her National League for Democracy (NLD), a senior official said, and will control the administration through her position as party leader. The Nobel peace prize laureate led the

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Myanmar Army Releases 46 Underage Recruits: U.N.

By Aung Hla Tun YANGON, March 14 – Myanmar’s military released 46 children and young people from service, the United Nations said in a statement on Monday, in its first discharge of underage recruits this year. The army has released 745 underage recruits since signing up to a joint action plan with the U.N. in

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Myanmar’s NLD Names Suu Kyi Confidant as Presidential Candidate

By Timothy Mclaughlin and Hnin Yadana Zaw NAYPYITAW, March 10 – Myanmar’s National League for Democracy (NLD) has proposed a close friend of Nobel laureate Aung San Suu Kyi as its presidential candidate, ending a four-month wait for the identity of a president expected to rule in her name. The NLD put forward Htin Kyaw,

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Suu Kyi Allies To Form Myanmar Ruling Party

By Timothy Mclaughlin and Hnin Yadana Zaw NAYPYITAW, Feb 1 – After decades of struggle, hundreds of lawmakers from Aung San Suu Kyi’s camp will form Myanmar’s ruling party on Monday, with enough seats in parliament to choose the first democratically elected government since the military took power in 1962. The National League for Democracy

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