Headline News

North Korea has freed one of three Americans detained in the isolated country, surprisingly allowing a Pentagon plane to land. White House spokesman Josh Earnest said Jeffrey Fowle, who was arrested earlier this year and is in apparent good health, "has been allowed to depart the DPRK," adding the 56-year-old was already on his way home. He also said an American government plane picked up Fowle on Tuesday before flying to Guam.

Hong Kong's government held its first talks with pro-democracy protest leaders but made no breakthrough in their bid to end three weeks of disruptive mass rallies which have posed a major challenge to Beijing. Officials also hoped for further meetings with protest leaders. Students demanded for an unrestricted choice of candidates in the election for the territory's chief executive in 2017. However, both Hong Kong and Beijing officials have said this is impossible.

The National Water Forum 2014 was held at Myanmar International Convention Center in Nay Pyi Taw, yesterday with an address by Chairman of the National Water Resources Committee, Vice President U Nyan Tun. In his speech, the Vice President said that poor water management and scarcity of water can lead to epidemic diseases, malnutrition, economic ruin, social unrest and environment impact. There are still facing problems on availability of safe drinking water, sewage and waste water discarding and the need of water for household uses in many places.

After meeting civil society organizations on Monday, the Union Election Commission has met political parties Tuesday. 

The main purpose of this meeting is to share lessons learnt of voter list update from the pilot project and to discuss how to compile voter list. 

The chairman of the UEC said meeting with political party will be frequently held, claiming free and fair election will be held in late 2015. 

The Asian Development Bank has announced development programs plans for Myanmar Tuesday, at a press briefing in Yangon.
ADB officials say the bank will allot 600 million dollars for proposed investment projects on sectors including power and transport, and over 500 million dollars in policy loans, for the period of 2013-2016.

Exchange Rates

1 USD=991  Kyats
1 EUR=1264 Kyats
1 SGD=776   Kyats
Updated on 21-10-2014  13:28 PM

Paper Lantern