Tuesday, May 17, 2016

National News

National News


US extends sanctions, further targets Asia World

Posted: 17 May 2016 10:22 AM PDT

The United States tonight announced it had extended sanctions against companies and individuals in Myanmar, adopting new measures targeted against Steven Law's Asia World while removing some state-owned entities from its list.

Panama Papers list Myanmar names

Posted: 16 May 2016 02:30 PM PDT

The world's largest data leak – the Panama Papers – has revealed a secretive network of offshore jurisdictions used by some of the most wealthy to stash assets, subvert sanctions, launder money and evade taxes. An extensive database detailing companies and businesspeople involved in the leak holds 16 names from Myanmar, including CB Bank chair U Khin Maung Aye and former dictator U Ne Win's son-in-law U Aye Zaw Win.

State counsellor silent on sanctions

Posted: 16 May 2016 02:30 PM PDT

The United States is expected to announce today an extension of its economic and military sanctions against Myanmar, with some revisions, in line with recommendations by the new civilian-led government, according to Western diplomats in Yangon and reports from Washington.

Electricity ministry to up supply

Posted: 16 May 2016 02:30 PM PDT

In the face of ever-rising energy demands and climbing temperatures, the Ministry of Electricity and Energy has released an aspirational blueprint for its first 100 days in office.

Sittwe’s Muslim quarter allowed limited access to market

Posted: 16 May 2016 02:30 PM PDT

Around 30 residents of Sittwe's only remaining Muslim quarter of Aung Mingalar were allowed to go to the market in the Dar Paing IDP camp yesterday morning, ending what they said had been a temporary lockdown that took place over the weekend.

UNODC to train police

Posted: 16 May 2016 02:30 PM PDT

The United Nations Office on Drugs and Crime will lead training for the Myanmar Police Force starting at the end of the month, the organisation announced yesterday.

Family fun zone in trouble for sex toy giveaway

Posted: 16 May 2016 02:30 PM PDT

A National League for Democracy MP has called for belated legal action against an amusement park in Yangon that handed out lewd toys to young prize-winners at the turn of the year.

KIA prepares Hpakant counter-attack

Posted: 16 May 2016 02:30 PM PDT

The Kachin Independence Army is preparing a counter-attack against the Tatmadaw after government troops seized a base last week, according to a KIA spokesperson.

Peace conference organisers told to hurry up

Posted: 16 May 2016 02:30 PM PDT

Preparations for a national peace conference and establishment of a new peace centre must be sped up, State Counsellor Daw Aung San Suu Kyi instructed yesterday.

Police demand workers halt march to capital

Posted: 16 May 2016 02:30 PM PDT

Workers from a plywood factory in Sagaing's industrial zone may soon be facing police intervention if they continue their protest march to Nay Pyi Taw, the ministry of labour announced.

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