As international reports warn of coming impacts on Asian economies, Burma launches a new program to mitigate global warming.
Burma’s economy is set to grow an estimated 6.8 percent next year, although rising inflation threatens the country’s poor, the World Bank says.
Orange and Vodafone invited to partner with Burma’s government, floating hotels planned to ease room shortage and a US law firm opens in Rangoon.
Domestic banks hope to issue “easy travel” Visa debit cards to local account holders by the end of year in order to ease outbound travel.
Hyundai aims to raise its market share in Burma to over 15 percent in the coming years, basking in the popularity of South Korean culture.
Burma’s plans to become a major rice exporter run up against a glut on the international market and doubts about the country’s infrastructure.
The World Bank puts Burma 182 out of 189 countries in a report assessing the conditions for doing business around the world.
India vows to boost Burma trade; Belgian textiles firm eyes Burma factory; wind better than dams; Thilawa hits sanctions hurdle; bombs scare off tourists
The Myanmar Investment Commission, which vets would-be foreign investors, could have its discretionary powers curbed as part of a review of Burma’s investment policy.
Critics call on the European Union to put human rights ahead of business promotion as the 28-nation bloc readies an economic development program in Burma.
After a nightmare year for air safety in 2012, flights continue to grow as aviation industry recovers from years under Burma’s junta.
More titles could drop out the market as profits remain elusive, six months after private daily newspapers returned to the country.
In a sign of growing American investor interest, AMCHAM plans to open a Burma country chapter this month.
Progress on China-backed nickel mine; gold production doubles; Burma spotlighted at a tourism conference; Lao Airlines delays Rangoon flights; and generals ‘profit enormously’ from reforms.
British investment in Burma is rising, but concerns about the Southeast Asian market have some investors reluctant to commit, the UK ambassador says.
India and Thailand are hoping that Burma’s chairmanship of Asean starting next year will reignite interest by the Naypyidaw government in the long-stalled “trilateral highway.”
Memories of a financial meltdown in 2003 weigh heavily on Myanmar banks’ hopes to reintroduce consumer-friendly credit services in the near future.
Even as Burma modernizes its financial system, use of international money transfer services remains a challenge, with banks’ reach beyond the country’s larger towns limited.
World Bank funds power station upgrade, farmers seek compensation over abandoned dam and Suu Kyi calls for investors to demand transparency.
Burma’s national TV and radio broadcaster is upgrading its broadcasting system from analogue to digital, and starts digital TV broadcasts in three major cities Tuesday.