The following DVB article has been edited into a style of English that should suit upper-immediate and advanced learners of the language. Difficult words and grammar structure are marked so…
This week’s business news: rice exports suspended; foreign firms bid for gas venture; first Malaysian bank opens; Japan pledges to Rangoon rail project.
Japan International Cooperation Agency (JICA) will invest US $250 million over three loans to help upgrade Rangoon’s existing Circular Railway line.
The Karenni National Progressive Party (KNPP) announced a total ban on new logging of teak and other hardwoods in Karenni State, and has outlawed all logging businesses in the territory.
The purge of a powerful ahead of a general election is dramatic confirmation of President Thein Sein’s desire for a second term in office, analysts say.