An 11-memeber new central executive committee was voted in at the 5th Karen Youth Organization congress held on June 29 at Lay Wah (Law Khee Lar), Pa-an district in Karen State. The new elected central executive members include Saw Ler Ner as chairman, Saw Eh Soe as vice-chairman, Saw Lar Set Wa...

Central Bank of Myanmar, which has a great market potential in the banking sector, will grant banking licenses to new foreign banks allowing them to provide services in the domestic market. “We are considering allowing more foreign banks. We have plans to start granting license to the most suitab...

(Reuters) - A man purporting to be Islamist Boko Haram leader Abubakar Shekau on Tuesday claimed an attack on the northeastern town of Baga in which scores of civilians were killed when the insurgents seized a multinational military base. The insurgents, who invaded Baga at the start of the year,...