Myanmar to invest CPF funds for pensioners

Money from a Central Provident Fund (CPF) can be invested in selected securities with the aim of generating returns and growing the size of the fund, according to a new bill.According to the Myanmar Central Provident Fund bill, funds can be used to buy securities, treasury bills and bonds and shares both domestically and internationally. […]

World Bank Pledges Ongoing Development Support for Burma

RANGOON — The World Bank’s vice president for East Asia and the Pacific pledged to continue development support for Burma, according to a statement released on Monday following a meeting in Naypyidaw with Aung San Suu Kyi. In the statement, Axel van Trotsenburg reaffirmed the World Bank’s strong partnership with Burma as it endeavors to […]