The city's streets saw bloodshed each time as protesters were gunned down by the government.
In May 2008, Cyclone Nargis hit Yangon. While the city had few human casualties, three quarters of Yangon's industrial infrastructure was destroyed or damaged, with losses estimated at US$800 million.
In November 2005, the military government designated Naypyidaw, 320 kilometers (199 mi) north of Yangon, as the new administrative capital, and subsequently moved much of the government to the newly developed city. At any rate, Yangon remains the largest city, and the most important commercial center of Burma
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