Unusual weather patterns threaten livelihoods in delta
“We have no dry place to store the paddy, and we don’t have any way to cover it either. When the rain comes, all we can do is leave it in the field and hope we don’t lose everything we have,” (Volume 28, No. 557 - January 10 - 16, 2011)
Hydropower attracts big investment in Myanmar
Figures from the government’s Central Statistical Organisation show that from April to October 2010, foreign investment in the power sector reached US$5.03 billion. Total foreign investment in all sectors during the period was $15.9 billion. (Volume 28, No. 557 - January 10 - 16, 2011)
Japan PM pushes to join Pacific trade pact
Japan’s prime minister Naoto Kan on January 4 vowed to step up his push for the country to join a trans-Pacific free trade pact, despite vehement opposition from farmers fearing cheaper imports. (Volume 28, No. 557 - January 10 - 16, 2011)
Property market expected to stay strong
REAL estate agents in Yangon are expecting the high demand for midrange and high-end properties from 2010 to carry into the first quarter of 2011, a deviation from the usual trend of a cooler market from January to March. (Volume 28, No. 557 - January 10 - 16, 2011)
China to build $1.5 billion trade centre in Thailand
China will build a “commercial city” in Thailand worth US$1.5 billion that will allow traders to re-export Chinese-made goods and avoid costly tariffs, state media said on January 6. (Volume 28, No. 557 - January 10 - 16, 2011)
