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Jordan and Israel signed an agreement on Thursday to go ahead with a World Bank-sponsored project to build a desalination plant in the Gulf of Aqaba and a pipeline linking the Red Sea with the Dead Sea. The project will cost around $900 million. It will take nearly three years to complete. The plant will be built in the southern Jordanian port of Aqaba on the Red Sea and will desalinate water to be shared by Israelis and Palestinians. The brine that is a byproduct of the process will be sent north in a 112-mile pipeline to the Dead Sea.

The Yangon City Development Committee and French companies, Egis and Water Management International (WMI), met in Yangon to discuss a study recently conducted assessing the water supply system in Myanmar’s commercial hub.
The meeting aims presenting results of the diagnosis study and the solution identified to improve water services in Yangon.

Thai businessmen led by the Thai Federation of Industries Friday met with the representative from Myanmar Investment Commission (MIC) to discuss about the investment in Myanmar at the Royal Thai Embassy in Yangon.The meeting covered a various range of topics, including power, agriculture, food and IT. The representative from the federation of Thai Industries (FTI) said that contact point is very important to do business for them and this is the starting point to do business together.

One of Myanmar's greatest figures; U Thant was the 3rd UN Secretary General, from 1961 to 1971. His house, located at No-31, Pan Wah street, Kamayut township, is opened to public for three days beginning Friday.

U Thant House, surrounded by a big garden on a 1.5 acres land, is a two-story colonial-style building. He lived here from 1951 to 57. The house was launched as a museum in early 2014.

Potential Republican presidential candidates Sarah Palin and Scott Walker told grassroots conservatives that the country needs a strong leader in order to keep Islamic militants at bay. The leader of Britain's right-wing political party, Nigel Farage was echoing the rallying cry. Palin told the group that the United States military is the only thing with sufficient strength and determination to stop the brutal group known as the Islamic State.

Currency Exchange

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Updated on 11:18AM, February 27 2015

Weather

Yangon

No significant clouds, mist
  • No significant clouds, mist
  • Temperature: 20 °C
  • Wind: Northwest, 3.7 km/h
  • Pressure: 1012 hPa
  • Rel. Humidity: 94 %
  • Visibility: 4 km
Reported on:
Sat, 2015-02-28 06:30