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DP World to explore opportunities in Afghanistan’s dry ports

DP world aims to develop ports in countries such as Afghanistan and Myanmar where the underdeveloped markets are showing potential for growth. According to DP world, these countries lack the right infrastructure. As a result, they would have to develop

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EU offers development aid to Burma

European Commission chief Jose Manuel Barroso has offered a development aid of more than USD 100mn to Burma in his meeting with the President Thein Sein. In addition to the aid, the EU is believed to be offering Burma the

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Burma floating its currency exchange rate

In one of the biggest economic reforms that Burma has seen, the central bank has set the reference exchange rate for its currency. It set a rate of 818 kyat against the US dollar on Monday, the first business day

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