360° Coverage : Myanmar president calls for cessation of armed conflicts

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Myanmar president calls for cessation of armed conflicts
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Myanmar president calls for cessation of armed conflicts

Dec 17 2012, 2:16am CST | by

Yangon, Dec 17 (IANS) Myanmar President U Thein Sein has called for political stability, cessation of armed conflicts and socio-economic development of the people in the country, official media reported Monday.

Yangon, Dec 17 — Myanmar President U Thein Sein has called for political stability, cessation of armed conflicts and socio-economic development of the people in the country, official media reported...

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1 year ago

Myanmar president calls for cessation of armed conflicts

Dec 17 2012, 2:16am CST | by

Yangon, Dec 17 (IANS) Myanmar President U Thein Sein has called for political stability, cessation of armed conflicts and socio-economic development of the people in the country, official media reported Monday.

Yangon, Dec 17 — Myanmar President U Thein Sein has called for political stability, cessation of armed conflicts and socio-economic development of the people in the country, official media reported Monday.

Speaking in Dawei, in Myanmar's southern Taninthayi region Sunday, Thein Sein expressed his hope that Taninthayi region would achieve development, said the New Light of Myanmar.

He underscored the need for qualified human resources who could harness rich natural resources, reported Xinhua.

Foreign investments with substantial capitals and technologies have been invited but there is a lack of regulations in allowing foreign investments which could beset more adverse consequences than favourable outcomes, he said.

The Foreign Investment Law, which is one of the integral parts of legislation, has been enacted, he said.

Referring to the UN Millennium Development Goals, he stressed the need to reduce poverty rate from 26 percent to 16 percent by 2015.

There are over 1,200 villages in Taninthayi region and over 60,000 across the nation.

IANS

 
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21 hours ago

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YANGON, Myanmar – Myanmar says it has awarded licenses to nine foreign banks. Wednesday’s announcement is part of economic reforms implemented after the country emerged from a half-century of dictatorship. It ends a ban on overseas lending institutions. The Central Bank said Bangkok Bank, Bank of Tokyo-Mitsubishi UFJ, and United Overseas Bank were among those that won licenses for limited operations. Others include Australia and New Zealand Banking Group L ...
Source: Canadian Business Online   Full article at: Canadian Business Online
 

 
Update
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23 hours ago

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1 day ago

10 Things A Startup Founder Learned About Money While Backpacking Around The World

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In 2012, Jason Vitug found himself on top of a temple in Myanmar. "I realized I was living a childhood dream," he says of that moment, near the beginning of his year-long, 21-country travel adventure. "And I started wondering why I was the only one there. " That epiphany became the first seed of his financial education website, Phroogal, which crowdsources high-quality answers to anyone's burning f ...
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1 week ago

Jacksonville-based APR's Myanmar project name best in class

Sep 19 2014 7:22am CDT | Source: Business Journal of Jacksonville

The Asian Power Awards named APR Energy's 100-megawatt power plant in Kyaukse, Myanmar, the Fast-Track Power Plant of the Year, recognizing the job as a mammoth project that could have long-lasting effects on the country. The plant provides power to more than 6 million people, about 10 percent of the country's population. It took Jacksonville-based APR about three months to set up 68 power generating modules and transform a field into a huge thermal plant, according to Asian Power ...
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Colombo- Pakistan and Sri Lanka have decided to explore new avenues to enhance cooperation in defense sector particularly between the air forces. The agreement reached at talks between Pakistan Air Force chief Air Chief Marshal Tahir Rafique Butt and Sri Lanka Air Force authorities. The air chief is currently on a three day visit to Sri Lanka and Myanmar at the inv ...
Source: The Nation - Pakistan   Full article at: The Nation - Pakistan
 

 
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4 weeks ago

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4 weeks ago

U.S. Unveils Programs for Myanmar

Aug 28 2014 9:46am CDT | Source: WSJ.com: Asia Home

The U.S. unveiled two initiatives in Myanmar—a solar power plant and a program to boost labor rights—even as some critics blame its civilian government for backsliding on recent ...
Source: WSJ.com: Asia Home   Full article at: WSJ.com: Asia Home
 

 
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4 weeks ago

US fund inks $480M energy deal in Myanmar that is largest US investment since sanctions lifted

Aug 28 2014 6:20am CDT | Source: Canadian Business Online

YANGON, Myanmar – A U.S investment fund has signed a $480 million deal to build two solar energy plants in central Myanmar, one of the largest investments by an American firm since the easing of U.S. sanctions. The agreement, inked by the ACO Investment Group and the Ministry of Energy, is aimed at helping ease electricity shortages in the country of 60 million, which only recently emerged from a half-century of military rule and self-imposed isolation. The U.S ...
Source: Canadian Business Online   Full article at: Canadian Business Online
 

 
Update
1

4 weeks ago

U.S. Investment in Myanmar to Increase

Aug 28 2014 4:18am CDT | Source: WSJ.com: What's News US

A New York-based alternative investment manager said it would invest about $480 million to develop solar energy plants in Myanmar, one of the largest U.S. inv ...
Source: WSJ.com: What's News US  Full article at: WSJ.com: What's News US
 

 

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<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

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