Burma might miss out on Chinese assistance; land prices too high for Thai Firm; Indonesia’s Lippo to build hospitals; new hotel rooms coming soon.
The price of gold reaches a 27-year peak as the Burmese kyat declines in value against the US dollar.
As the Burmese kyat continues its downward spiral, businesspeople claim foreign exchange counters are deliberately withholding US dollars to capitalize on their climbing value.
The peak business representative bodies from the UK and Burma have signed an accord in Rangoon to increase trade between the two countries.
A new mobile phone app enabling civilians in conflict-torn countries to capture and share verifiable footage of war crimes will help authorities to prosecute perpetrators.
EU rice exports double, Comms Ministry plans more mobile spectrum, Tin production to decline in Wa territory, and Sule Shangri-La extension slated for 2016 opening.
More than 1,000 trawlers can return to catching fish off Burma’s coast after the fishing industry complained about what had been a three-month ban.
The Central Bank of Myanmar has halved the permitted withdrawal limit of US dollars from local banks, in an apparent effort to prevent the greenback from becoming an alternate currency.
New gas-fired plant agreement for Thilawa SEZ, Sheraton announces Rangoon hotel site, and two more foreign banks to open next week.
The Central Bank of Myanmar (CBM) announces that a modified 10,000 kyat note will be issued next month to prolong circulation life and prevent forgery.
Figures show an astounding US$2.2 billion worth of foreign direct investment in April, but officials remain tight-lipped over how much of the money has made its way into Burma.
After giving its approval for local banks to issue quasi-credit cards, the Central Bank of Myanmar sets a maximum withdrawal limit of 5 million kyats.
Oordeoo management shuffle, mobile app seeks finance in London, Telenor to build 700 new mobile towers, and tourist hotel planned for Chin State capital .
Parliament will consider delaying a tax on Burma’s cellphone users due to go into effect next month, after a lawmaker asked to revisit the plan.
American retailer Gap Inc. has nearly tripled the output of its two Rangoon factories within its first year, according to a company spokeswoman.
As India’s auto industry matures, manufacturers are realizing they now have two different markets to serve, with costs to shoulder and a challenge to sales and profits.
Fully legal trading with Thailand will begin “soon” at an additional border station in southeastern Burma following an overland trade boom between the two countries.
A childhood passion for cattle has turned into a thriving dairy business for U Than Myint.
Firms approved for Myeik development; Mining Law could be delayed until after elections; new bridge links Burma with Laos; Thailand brings solar to Burma.