Myanmar cyclone loss estimated over $4 bln
                   
xinhuanet.com     Jul 21, 2008            

YANGON, July 21 (Xinhua) -- The total damage and losses due to a recent cyclone storm in Myanmar are estimated at 4.4 to 4.5 trillion Kyats (4.02 to 4.13 billion U.S. dollars), according to a joint assessment report of Myanmar, the Association of Southeast Asian Nations (ASEAN) and the United Nations (UN) released here Monday. The industry and commerce sectors accounted for over 50 percent of the total damage and losses due primarily to the impact on the larger and medium scale enterprises, while losses in agricultural production are extensive and greatly affect the population in the Delta, the 187-page Post-Nargis Joint Assessment (PONJA) report said, adding that the projected losses on Gross Demestic Products (GDP) is about 2.7 percent overall. According to the report, a total of 84,537 people were killed and 53,836 went... [read full story]                    


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burmanet.org     17 hrs ago          

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burmanet.org     yesterday          

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MYANMAR: Government cuts currency red tape for donors

irinnews.org     yesterday   3 related          

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typepad.com     yesterday          

Humanitarian crisis is unfolding in Burma's Chin State. Early this year, a rare species of bamboo that flowers roughly every half-century produced a bumper harvest of fruit and seed eaten mainly by rats. For several months...                    

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