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China-ASEAN expos have annually been held in Nanning since 2004 with the aim of sharing benefits among peoples of ASEAN countries and China.
In the 11th expo, Myanmar opens over 80 booths with a variety of local products on display. Myanmar business leaders see the expo as an opportunity to further increase trade and investments between the two economies.

As the Myanmar Investment Forum kicked off Tuesday, the recent conditions of the local banking industry were some of the topics. 

Monetary policy, foreign bank licenses and banking sector modernization are just some of the key topics tackled in this panel discussions. 

Lack of capacity and technological competitiveness are just some of the concerns of local banks brought up during the discussion. 

The 4th day of 11th parliamentary regular meetings continued today in Nay Pyi Taw. At Pyithu HLuttaw People's Parliament session, the questions raised concerned with health facility, air transportation and power supply. Other issued discussed relate to oil and gas exploitation, forest management and improving education facilities. Representatives were invited to discuss the bill Amending Union Attorney-General Law amended by the National Parliament.

Islamic State militants have shot down a Syrian warplane, according to the video posted to a social media website. It's the first time the group, which used anti-aircraft guns, has blown a fighter jet from the sky. The aircraft crashed outside the IS stronghold of Raqqa, some 250 miles northeast of Damascus. Syrian forces have been bombing the area daily since Islamic State militants seized the Iraqi city of Mosul. The Sunni Extremist group has emerged as the dominant opposition group, forcing the government to fight on a number of different fronts.

Palestinians fired a mortar round into southern Israel yesterday in the first attack since an Aug 26 ceasefire, without causing any casualties. An Israeli army statement said that the mortar round fell in the Eshkol region, which borders the Gaza Strip. In July, Israel launched the operation with the declared aim of halting rocket fire from the Gaza Strip killing at least 2,143 Palestinians and 73 people on the Israeli side.

Exchange Rates

1 USD=976  Kyats
1 EUR=1255 Kyats
1 SGD=766   Kyats
Updated on 17-9-2014  12:05 PM

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