The Irrawaddy Magazine | Archive | BUSINESS | 3
Ooredoo to Focus on Pay-as-You-Go in Burma

Qatar’s Ooredoo will focus on adding more pay-as-you-go subscribers in Burma, but may provide monthly mobile contracts and fixed services in the long term.

Bangkok Targets Burma in Special Border Trade Plan

Thailand’s military junta presses forward with plans to create a special status border trading area with Burma as Thai overland exports mushroom.

Burmese Women in Agriculture Face Pay Disparity, Discrimination

Women play a key role in crop production but are often viewed as laborers, rather than farmers, and make lower wages than their male counterparts.

Sino-Burmese border market slated; UK firm wins Rangoon airport contract; container terminals planned; FDI domain expands; and Britain reprimanded on Burma Army training course secrecy.

Gap Audit Reveals Issues at Burma Garment Factories

Assessments were conducted of two South Korean-owned garment factories in Rangoon that are supplying the United States-based clothing retailer.

US Fund in Deal to Build Solar Plants in Burma

ACO Investment Group and Burma’s Ministry of Energy sign an agreement for two solar plants to be built in Mandalay Division costing $480 million.

Ahead of the publication of anti-money laundering regulations, the Financial Intelligence Unit has encouraged reporting of large-scale transactions.

Burma’s Financial Intelligence Unit Probed Ne Win Family’s Investment

An official says an investigation was carried out into transfer of shares in Asian Green Development Bank to a grandson of the late dictator.

Mobile networks hindered; PricewaterhouseCoopers fined for Burma ties; Thilawa SEZ flush with capital; India eyes Burma’s gas; and a migrant workers advocate faces legal threat.

Burmese Consumer Group Makes Bonfire of Illicit Snacks

The Consumer Protection Association of Myanmar is confiscating food products that it says are in contravention of food safety and consumer laws.

Burmese Banks Fret Over Foreign Competition

The local banking industry worries their best staff will be pulled away after Burma grants operating licenses to foreign banks next month.

Thai Coup Leaders Trigger Oil Investment Rush Into Burma

State-owned Thai energy companies are more actively pursuing oil and gas deals following the May seizure of power in Bangkok by a junta.

Burma’s neighbors face crises, an executive jet service is launched at Rangoon’s airport and more foreign firms agree onshore oil and gas deals.

Security a Concern as Jade Mining Set to Resume in Hpakant

Clashes broke out last week between ethnic Kachin rebels and the Burma Army close to the country’s main jade mining area.

Local Companies Invest US$ 45 Million in Luxury Napyidaw Hotel

KBZ Group and Jewellery Luck Company split ownership of a hotel that will offer the most expensive rooms in Burma’s capital.

Burma’s Tay Za ‘Rethinking’ Bank Sale to Ne Win’s Family

The tycoon tells reporters he is selling his majority stake in AGD Bank because of the impact of sanctions imposed by the US against him.

Rangoon Tax Department Plans Annual Property Valuation

Rangoon Division’s Internal Revenue Department plans to conduct an annual evaluation of real estate prices as part of its new property sales tax system.

Burma Can Renegotiate Dam Deals to Keep More Power, Says Chinese Firm

A Chinese firm that signed deals with the former military regime to build hydropower dams said Burma could renegotiate the terms and keep more power.

Inflation forecast to plateau at 9 percent, delays to the new airport project threaten to create a bottleneck and consultants eye Energy Ministry advisory role.

More Burmese Gas Pumped Over the Border as Thai Reserves Dwindle

Thailand’s state-owned energy firm PTTEP announces that it has begun pumping gas from the Zawtika field, but little goes to meeting domestic demand in Burma.