the banking corporation signed the tie-up deal in yangon on monday. sumitomo says it will accept trainees from the bank and provide them with know-how you. the move will help the bank improve its services. >> so far we are 50 years left behind in with near countries. so we have to upgrade our indonesian banking. >> translator: many japanese firms are rushing to get themselves into myanmar. it is very important for us to make sure we satisfy those companies' needs. >> reporter: myanmar right now, foreign banks are not allowed to go into the market. as economic sanctions against the country are still in place. as regulations and sanctions are expected to be lifted at some time in the future, sumitomo mitsi plans to expand its operations with the advantage of ties with the leading bank in the country. the japanese bank wants to enter the market of myanmar, the last frontier in asia, which is rich in natural resources and has an abundance of cheap labor. mark ho, nhk world, yangon. >>> as europe's debt problems cast dark shadow over the global economy, a

miki ebharara, nhk world, yangon. >>> u.s. president barack obama has reflected on the death of the man who for years was the face of terrorism. it has been one year since the killing of osama bin laden. u.s. forces killed the al qaeda leader a year ago wednesday. they stormed his hideout near pakistan's capital islamabad. >> the american people rightly remember what we as a country accomplished in bringing to justice somebody who killed over 3,000 of our citizens. >> aides to obama warn al qaeda son the path to destruction and say related groups remain active so the threat has not disappeared. >>> a new skyscraper is raising above the side where the world trade center once stood. it will become the tallest building in new york. the new one world trade center will also be the tallest in the u.s. when it is completed. at 541 meters. workers fixed steel columns on the 101st floor as the tower rose above the empire state building on the skyline. the new building is widely seen as a symbol of the city's recovery from 9/11. the wor

yangon, myanmar's largest city. fearing the destruction of their culture, the junta seemed bent on driving the country backward. anything that smacked of modernity, democracy, and progress was forbidden. these students are on the way to one of the few good schools in the city. this is where many high-ranking military officers send their children. the generals made sure that their own families had the best of everything. the rest of the education system was a shambles. even though times are changing, our film crew isn't welcome everywhere. just six months ago, a foreign camera team would not have been able to freely move about here. we would have had to sneak into a monastery like nyttawadi. during the years of uprisings, monasteries were a center of resistance. in nyttawadi, the buddhist abbot is consecrating some bags of rice. the rice is a donation to support the monastery's project the project is building a future for myanmar's young people. children here a religious and a secular education. 600 children live her

ited a yangon t south victims of1983 g. the targeted tpresident. heut 21 southre killed ticized denying involvement bombing and in the ofouth korean naval oppositionon accused of fraud during a month. lee any influenc arab lead return to mediated cease's back in the country afterthe central city of homsay. more than 100 people e casualties wer women and childrr u.n. secretaryl meet syrian al assad >> it must must end forcesindiscriminate citizens over ta local human nearly 70 peopl sunday and e has swept thrl ine d including children. the fire risingbuildings. some asrs reach aday care center. park ating among other authorities ar fire. >>> one ofe th egypt. minister candidate from the brotherhood will compete next a members announced the last we vote. the tas im brotherhood is party parliament. first with24% vo mubarak's came second more than 23%. but no o absolute majority. front-runners willrunoff june 16th 17th. last arab spearheaded the ng but the field a strong runoff poll. the to be a showdown between islamists and a of the old china's rulin

the banking company and kbz bank signed the tie-up deal in yangon. for banks in myanmar, the major challenges tor make their operations more efficient and international. they are settling accounts in cash because they're behind in installing automatic teller machines. banks in myanmar also lack know-how on handling foreign exchange. they will accept trainees from the myanmar bank and provide them with know-how. the move will help kbz bank improve its services. >> translator: many japanese firms are rushing to get themselves into myanmar. it's important to satisfy those companies' needs. >> sumitsu moto's president says building ties is important as investment in myanmar's infrastruct suralso expected to surge. >>> germany has yet again opposed france's proposal to issue common eurozone bonds as way to ease concerns over the region's debt problems. newly appointed french finance minister pierre moscovizi met his counterpart wolfgang ahead of an informal eu summit meeting scheduled for wednesday. he stressed the importance of common bonds as a way to g

lee said he visited a site in yangon to mourn for the south korean victims of a 1983 terrorist bombingthe attack targeted then south korean president chun doo-hwan. chun survived but 21 south koreans were killed including cabinet ministers. lee criticized north korea for denying involvement in the bombing and the sinking of a south korean naval vessel in 2010. accusations of fraud were made against opposition lawmakers close to the north during a preliminary election that took place last month. analysts say that lee apparently hopes to eliminate any influence on the part of the north in a presidential election to take place in south korea in december. >>> japan's foreign prime minister is defending how he led his country through one of the most challenging times in history. naoto kan was in charge on march 11th, 2011, when an earthquake shook the nation, triggered devastating tsunami and sparked meltdowns at fukushima daiichi. he gave his side of the story when he testified before a government panel investigating the accident at the nuclear plant. >> kan also added the government didn'

lee said he visited a site in y yangon to mourn for the south korean victims of a 1983 terr terrorist bombing. the attack targeted the then-south korean president who survived. 21 south koreans were killed including cabinet ministers. lee criticized north korea for denying involvement in the bombing and in the sinking of a south korean naval vessel in 2010. accusations of fraud were made against opposition lawmakers close to the north during a preliminary election that took place last month. analysts say lee apparently hopes to eliminate any influence on the part of the north in a presidential election to take place in south korea in december. >>> china's ruling communist party has expelled a former railway minister. the party's disciplinary watch dog found him guilty of corruption. the state run xinhua news agency said monday the party's central commission for discipline inspection will refer liu zhijun to prosecutors. the commission said he abused his power and received large sums of money as bribes. he oversaw investment in china's booming railway sector over the last decade. he wa

he said he visited a site in yangon to mourn for the south korean victims of a 1983 terrorist bombingthe attack targeted then south korean president. he survived but 21 south koreans were killed including cabinet ministers. president lee criticized north korea for denying involvement in the bombing and in the sinking of a south korean naval vessel in 2010. oppositi oppositi opposition lawmakers were accused of fraud during a political election last month. lee wants to eliminate any influence on the presidential election in december. >>> u.n. arab lead kofi anan returned to syria to try to salvage a u.n. mediated cease fire. he's back in the country after government forces attacked near the central city of homs on friday. more than 100 people died in the attack. many of the casualties were women and children. the former u.n. secretary general said he will meet syrian president al assad on tuesday. >> it must end. and it must end now. >> the government forces continued indiscriminate attacks on citizens over the weekend. a local human rights group says nearly 70 people were killed on su