Financial authorities crack economic hard nuts with targeted tools

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The country’s major cities continued to see a price decline of commercial residential homes in September An aerial drone photo taken on 9 November 2023 shows a newly-built residential complex in Feixi County of Hefei City, east China’s Anhui Province. PHOTO: ZHOU MU/XINHUA

CHINA’S financial authorities on Friday reiterated their resolve to keep the world’s second-largest economy on track by implementing and rolling out more policies aimed at addressing outstanding challenges.

Head of the country’s central bank, along with the leaders of China’s top securities watchdog and top financial regulator gathered once again in less than a month following their joint participation in a high-profile late-September press conference that unveiled an expectation-beating raft of pro-growth policies.

Hot-air balloon services resume in Bagan, offering tourists aerial views of ancient stupas and temples

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An aerial view of the Bagan Ancient Cultural Zone is seen together with a hot-air balloon and visitors on board. PHOTOS: BOB
An aerial view of the Bagan Ancient Cultural Zone is seen together with a hot-air balloon and visitors on board. PHOTOS: BOB

STARTING from 16 October, a hot-air balloon company began offering services to both local and international tourists in the Bagan region, showcasing Myanmar’s ancient cultural heritage, including pagodas, temples, statues, and the region’s natural beauty.

Each year, following the Thadingyut Full Moon Day, hot-air balloon companies provide these services, with the fare set at around K600,000 per person.

Iranian lawmakers urge nuclear weapons development amid Israeli threats

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Iranian lawmakers urge nuclear weapons development amid Israeli threats

A GROUP of 39 Iranian parliamentarians has asked the Iranian Supreme National Security Council to revise the country’s defence doctrine, in particular to allow the creation of nuclear weapons because of the threat of an Israeli attack, Iranian state news agency ISNA reported on Wednesday, citing an Iranian official.

Despite the prohibition under Islamic law on the development and use of nuclear weapons, as repeatedly stated by Iranian Supreme Leader Ali Khamenei, it could still be reconsidered, the official said.

Myanmar beats Sri Lanka 2-0 in international friendly

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Myanmar beats Sri Lanka 2-0 in international friendly

IN the first friendly match between Myanmar’s national team and Sri Lanka’s national team, held on 10 October at Thuwunna Youth Training Centre in Yangon, Myanmar emerged victorious with a 2-0 win.

That was Myanmar’s first international friendly of the year, and the team claimed a solid victory over Sri Lanka. It was also the debut match for new head coach U Myo Hlaing Win, who led the team to this promising start.