Myanmar Oil & Gas Summit to be held in June

21 May, 2013
Economy
The Myanmar Oil and Gas Summit 2013 is going to be held on 17 and 18 June. The summit will be attended by the Directorate of Investment and Companies Administration (DICA), Geo-Science Association, international experts, the ASEAN Petroleum Council, as well as international petroleum and gas companies such as Shell, BG Group, and Petronas.

Myanmar ranked worst in resource governance

16 May, 2013
Politics
Myanmar was ranked the worst country in the world in terms of resource governance, according to a report issued recently by US-based NGO Revenue Watch Institute, lower than countries like Zimbabwe and Afghanistan. The report states: “Almost no information is available on the management of the extractive sector. Myanmar has no freedom of information law, and environmental and social impact assessments are not required … It is unclear which authority receives payments from extractive companies. It is widely assumed that corruption is rampant in the sector.”

Myanmar jails Muslims over religious violence

21 May, 2013
Politics
A Myanmar court has sentenced seven Muslims to prison terms in connection with religious violence in March that left at least 44 people dead, a justice official said. The sentences range from two to 28 years, but the defendants were spared the death penalty. So far no Buddhists have been convicted in connection with the unrest in Meiktila, but a government prosecutor insists that there is no religious bias in ruling.

UN praises Myanmar over child soldier issue

21 May, 2013
Foreign Affairs
The United Nations on 20 May praised the Myanmar government and army for its steps made toward ending the recruitment of child soldiers. While the UN noted in this most recent report that recruitment of children to the Myanmar armed forces continued, the number of new cases had decreased and 66 children had been released since the action plan was signed.

President Thein Sein visits the White House, Obama urges for the end of violence against Muslims

20 May, 2013
Foreign Affairs
In a scene that would have been unimaginable just a few years ago, President and former general Thein Sein met with US President Barack Obama in the White House on 20 May, in a landmark visit to Washington. The Myanmar government released 23 political prisoners three days ahead of Thein Sein’s visit. President Barack Obama urged Thein Sein to halt violence against a Muslim minority but praised economic and political reforms in the country. “The displacement of people, the violence directed towards them needs to stop,” Obama said. Thein Sein appealed for US “assistance and understanding” as Myanmar attempts difficult reforms.