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Asia faces disaster from soaring temps if climate change unchecked
Climate change will bring soaring temperatures, more intense storms, erratic rainfall, plummeting crop yields and a collapse of coral reefs to the Asia-Pacific unless countries fully implement their commitments under the Paris climate pact, scientists say, calling the challenges “unprecedented.”
Banking on Burma, Woodside Energy powers up
Burma is the centre of attention for Woodside Energy following the Australian company’s discovery of gas off the coast of Arakan State last year....
Burmese economic growth stymied by flooding: World Bank
The World Bank’s prediction that the Burmese economy would grow at some 8.2 percent this year has been slashed in the latest ‘Myanmar Economic Report’.
Burma’s electricity grid receives World Bank boost
The World Bank has approved a US $400 million interest-free credit to support the Burmese government’s expansion of the national electricity grid.
First Malaysian bank opens in Burma
Malayan Banking Bhd (Maybank), Malaysia's leading bank by assets, commenced branch operations in Burma on Monday.
US$300 million loan approved for rural development
The Burmese parliament has approved a proposed loan of US$300 million from EXIM Bank of China to fund the Cooperative Ministry’s micro-financing projects
