Four hotel zones for country's top beach

Located in Rakhine State, Ngapali Beach is part of an unspoiled coastline and is a popular tourist destination. But with only 17 existing hotels, the area faces difficulty meeting tourist demand during the high season, from October to April. 

 

Two children injured in Yangon blasts

Two children were injured in an explosion in Yangon, one of two blasts to hit the commercial capital on Sunday, according to local sources. The first blast hit a bus stop in Yangon’s Insein Township in the early morning on Sunday, leaving no one injured. The second blast occurred in Tharkayta Township in the evening, leaving two boys, both aged 14, injured. The police say their injuries are not life-threatening. A military official said on Sunday that the bombs used were the same type.

 

Japanese officials discuss investment in Myanmar

The Japan International Cooperation Agency (JICA) held two days of discussions last week with Myanmar’s Directorate of Investment and Company Administration (DICA) regarding long-term investments in projects. The JICA will grant a loan of US$910 million (Bt28.42 billion) as official development assistance to Myanmar for 2013. Japan will take up a 49-per-cent stake in building the Thilawa Special Economic Zone, which will use more than $380 million from the loan. Japan is the 11th largest investor in the country.