Government intervention sought in garment strikes; Chinese bank to lend $300 million for microfinance; Yetagun gas production halt considered; and investors not prioritizing human rights.
Forbes Magazine lists Win Win Tint, managing director of Burma’s largest retailer City Mart Holdings, in its Asia's 50 Power Businesswomen list.
Some 100 laborers continue to strike for pay rises from three garment factories, despite arrests of demonstrators and calls by authorities to end the strike.
IMF predicts GDP slowdown, Wanbao bus attacked at Letpadaung, trade booming at Myawaddy checkpoint, and boutique businesses TS1 and Port Autonomy shuttered at Lanthit Jetty.
Recent conflicts between the government and armed ethnic rebels in Burma are unlikely to impact investment in 2015, though broader turmoil could crimp inflows.
Cargo through the border town of Muse declines, with traders blaming recent fighting in northeast Burma and the coming Chinese New Year.
SABMiller silent on Burma investment reports; Kyaukphyu SEZ contracts to be awarded this month; and firms jostle to provide stock exchange services.
Mobile phone operator Telenor missed fourth quarter profit estimates and expects margins to fall this year as it ramps up spending in Burma.
SABMiller considers taking a stake in Burma’s biggest brewer, a deal that would partner it with a conglomerate tied to the former ruling military.
The Myanmar Times announces it will go from a weekly to daily print edition on March 9, making it Burma’s only private English-language daily.
Development banks deny plans to fund Nga Yoke Kaung coal station; China to spend billions on Yunnan; and Singapore’s banks seek closer ties with Burma.
Royal Dutch Shell has signed an exploration and production-sharing contract with a state-owned firm for three offshore deep-water blocks off Arakan State and Tenasserim Division.
Burma is named one of the five best countries in the world for cheap labor, making it attractive for manufacturing investment.
In an effort to tighten up Burma’s loosely enforced tax code, nearly 200 domestic companies will be de-registered for evasion, officials announced on Wednesday.
A Burmese rice milling company and the Chinese firm CAMC Engineering partner to improve the quality and capacity of rice milling operations in Burma.
Nga Yoke Kaung residents have blocked a survey for a planned coal power plant, prompting an offer for villagers to inspect coal facilities in Japan.
Burma opens a deep sea port off its western coast, part of a project that will carry crude oil from the Middle East to China.
Italian-Thai Development Pcl. and Rojana Industrial Park will sign a $1.7-billion deal in March to develop the Dawei industrial zone, the Thai government said.
Chinese-backed oil refinery planned for Dawei; negotiations underway for Mon State beach resort; and Thai government flags cross-border trade expansion with Burma.
Burma’s sole domestic card-based payment system, Myanmar Payment Union (MPU), will offer online services beginning in early February, according to an executive.