A report by the Asian Development Bank has predicted the gross domestic product of Myanmar could reach as high as 9.5 percent by 2030, which would see the country’s GDP raised to nearly US$5000 (K487,500) per capita.
All gas to be realised from the promising M-3 block, also known as the Aung Sinkha gas field will be supply domestic Myanmar usage, an official from the Ministry of Energy on August 10.
ROME (AFP) ? Half of the world's forest species were at risk from climate change and farming, the United Nations warned in a report on June 3 which also said Myanmar was among the ten countries that lost the most forest cover in the 20 years to 2010.
MYANMAR is preparing to submit its application to become a candidate member of the Extractive Industries Transparency Initiative, Mizzima has been told.
Myanmar’s forests are being put at risk because of a shortage of about 8,000 forestry workers, Forestry Department director-general U Zaw Win told Mizzima on April 27.
Forests still cover 47 percent of Myanmar’s total land area and until recently complete government control of the economic returns from forestry (through the Myanmar Timber Enterprise) gave little space or incentive for local people to manage and sell forest products and services.