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Latest Myanmar Economy News

  • US couple helps Myanmar cyclone victims 14 May 2008 00:07 GMT
    ... frustrated foreign aid workers plead to enter Myanmar, one American couple is already ferrying supplies ... go-ahead to enter Myanmar, formerly known as Burma. "I was grinding my teeth so hard ... a decade ago. They started working with Burmese orphans during that adventure and vowed to ...

  • China quake death toll soars past 12,000 13 May 2008 22:59 GMT
    ... to Tibet and cyclone relief efforts in Myanmar, she said. Thirty People's Liberation Army (PLA) ... the disaster but supply shortages could fuel inflation, already at a near 12-year high. The ...

  • Credit where it's due 13 May 2008 22:13 GMT
    ... I'm with you Janet. And while we're at it, ... are also waiting on the sidelines of Burma......a lot of good that does. Whilst we're ... Souls and about 20-25% of the Earth's Economy. It further is a net debtor and ...

  • Deaths of Myanmar workers highlight migrant labour problems 13 May 2008 22:11 GMT
    ... Poor Myanmar citizens seek a new life and opportunities ... deepening in Myanmar principally due to an economy in disarray and in part because of ... estimates that about 6 percent of Thailand’s GDP is generated by foreign workers, the vast ...

  • Time to go, Ted 13 May 2008 21:46 GMT
    ... AS A Liberal Party member, I am thankful to the ... for many thousands of families in the Burmese situation, there will be no longer term. Clean ... industries, together with the prospect of new employment opportunities. DRAWING comparisons between John So and ...

  • Oil slips as IEA cuts demand forecast 13 May 2008 21:39 GMT
    ... Published: May 13 2008 12:15 | Last updated: ... the earthquake’s impact on China’s food price inflation could be important as grain output from ... per cent following the cyclone which devastated Burma recently. Burma traditionally produces about 600,000 to 1m ...

  • It feels like another Budget 13 May 2008 21:18 GMT
    ... The 10p tax saga will take a further twist ... plans are unveiled, the Bank of England inflation hit 3 per cent last month, way ... very well, which is a contrast to Burma." "On Burma; I think we will leave ...

  • Australian Budget highlights 13 May 2008 21:10 GMT
    ... the next three years to help the unemployed find work. Close to 1,200 commonwealth public ... days ago promised $A25 million for cyclone-hit Myanmar, will also lift aid spending to $A3.7 ...

  • Shanghai stocks drop as China quake toll rises 13 May 2008 19:51 GMT
    ... (worst-hit Chengdu area in Sichuan province). Food inflation in (Myanmar) has gone through the roof after the ... well. It doesn't help inflation or the economy," said Andrew Clarke, sales trader at Societe ...

  • Up to 8,500 die in killer earthquake: Xinhua 13 May 2008 18:57 GMT
    ... Arrest 500 Tibetan Women Protesting Chinese Rule Myanmar accepts international aid but rejects foreigners to ... jumbo jet manufacture Food Prices Drive China's Inflation April vehicle sales growth slows to 14% New ...

  • On Boycotting the Beijing Olympics 13 May 2008 18:04 GMT
    ... Recent events -- in Darfur, in Tibet, in Burma, and within China -- force an inevitable ... its support for such regimes as the Burmese junta and the despotic Robert Mugabe of ...

  • 11:24pm Australian Budget highlights 13 May 2008 11:55 GMT
    ... the next three years to help the unemployed find work. Close to 1,200 commonwealth public ... days ago promised $A25 million for cyclone-hit Myanmar, will also lift aid spending to $A3.7 ...

  • Rescuers search for quake survivors 13 May 2008 11:10 GMT
    ... killed crops and livestock, exacerbating already high inflation. In March, antigovernment protests in the Tibetan ... aftermath of the recent cyclone in neighboring Myanmar, said they were awaiting word from Chinese ...

  • Deadly struggle for migrants in Thailand 13 May 2008 10:52 GMT
    ... last week of 54 migrant workers from Myanmar, while being transported in an enclosed container ... is the largest number of deaths of Burmese migrant workers we have recorded in one ... the migrants contribute substantially to the Thai economy. "If migrants are as productive as Thai ...

  • A boom at the border 13 May 2008 10:52 GMT
    ... By William Sparrow BANGKOK- The struggles Myanmar has weathered in recent decades have led ... the military ditched socialism for a market economy. With socialism banished, entrepreneurship, opportunism and individualism ... to make music. "The setup of a Burmese karaoke in Kawthoung is that they don't ...

  • Myanmar courts political disaster 13 May 2008 10:52 GMT
    ... represent a perfect storm for change among Myanmar's repressed and impoverished population. The cyclone swept ... victims as well as millions of other Burmese who depended on the rice grown in ... was already feeling the pinch from runaway inflation for basic foods and commodities. Rising costs, ...

  • 'Horrific' inflation puts rates policy in vice 13 May 2008 10:52 GMT
    ... Everybody with half a brain new this was ... force feed us these damn lies on inflation. NEVER in a month of Sundays is ... earthquake in China or the tragedy in Burma. The economic meltdown continues - thanks Gordon... Even ...

  • Two countries, one survey 13 May 2008 10:52 GMT
    ... relations with so-called "rogue" states, including Sudan, Myanmar, Iran and Zimbabwe. Beijing has its own ... effect on the US and the world economy. US respondents expressed similar concerns about the growing ...

  • A new inflationary epoch 13 May 2008 10:50 GMT
    ... and hard commodities have experienced similar price inflation. Gasoline prices are up almost 40%, natural ... desperate measures to sustain the US bubble economy: one upshot of this gambit would be ... this week after a catastrophic cyclone ravaged Myanmar. Rice prices (in Chicago) jumped another 7% ...

  • 'All we can do is drink whisky' 13 May 2008 10:50 GMT
    ... Zao Noam YANGON - Few people in Myanmar were prepared for the approaching apocalypse. The ... an abrupt halt on Saturday morning. Local Burmese expressed anger at the absence of government ... help. Please get this story out of Burma [Myanmar]. We can only just sit and ...

  • China counts earthquake costs 13 May 2008 10:50 GMT
    ... to that of the military rulers in Myanmar, where relief efforts following a devastating cyclone ... of the natural disaster on China's macro economy. Merrill Lynch analysts T J Bond and ... January-February, especially regarding CPI [consumer price index] inflation, industrial production and exports. We thus conclude ...

  • Global hunt for Tigers' assets 13 May 2008 10:34 GMT
    ... 1984, has front organizations in India, Botswana, Myanmar, Cambodia, Denmark, Germany, Laos, Malaysia, Myanmar, Qatar, ... a move to target the Sri Lankan economy, as part of their campaign for a separate ...

  • India learns its oil lessons 13 May 2008 10:34 GMT
    ... and gas to fuel its rapidly growing economy, with mixed results. It has suffered several defeats ... in Sudan, Angola, Indonesia, Ecuador, Kazakhstan and Myanmar, often to Chinese companies. It has also ...

  • 'Every day I spend here, my sense of urgency increases' 13 May 2008 10:34 GMT
    ... damage will be compounded by damage to Burma's rice fields, aid official says RANGOON–Imagine this: ... Hurricane Katrina. America has the world's largest economy and extraordinary resources and infrastructure. But even ... here in Burma – also known as Myanmar – have been dreadful. Enormous trees litter ...

  • 9000 die as huge earthquake hits China 13 May 2008 10:16 GMT
    ... 9000 die as huge earthquake hits China AT least ... challenge to a government grappling with high inflation and an uprising among Tibetans while trying to ...


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