Critics of the plan say the tax rises could amount to “extortion” if not spent on welfare programs.
Burma is about to become a business battleground for two old brewing adversaries intent on capturing the region’s last great untapped beer market.
Burma expects to increase its rubber exports by a third in the coming year following recent efforts to promote the industry to the international community.
Burma urged to join energy ventures; Ford enters Burmese market; trade with Malaysia to reach $1 billion mark; NZ to fund dairy farms; rivers threatened
Ford Motor Co. signs a deal to distribute cars and pickup trucks in Burma, becoming the latest Western company to enter the Burmese market.
Indonesia’s largest telecommunications service provider becomes the latest regional telecoms company to make a bid to acquire a license for a mobile operator in Burma.
This week’s visit to Burma by a US business delegation comes amid continuing uncertainty about whether Washington is ready to completely lift sanctions.
The US has relaxed sanctions on four Burma banks. It was also announced that a group of US business leaders are visiting Burma this week.
Contractor with MOGE ties co-hosts oil conference; Mandalay to get massive coal-fired power plant; Tay Za bank to go public; Aussie energy firm enters Burma
The Dawei deep-sea port may be scuppered not because of lukewarm interest by Japanese investors but because of Burmese and Chinese business interests.
Dawei ‘falls asleep’; EU increases Burma trade links; Shan energy projects alarm Thai farmers; freight giant establishes Burmese subsidiary; Singapore car distributor opens Rangoon showroom
Representatives from the world’s 20 largest economies will discuss growing concerns that the recent drop in the value of the yen could trigger devaluations elsewhere.
Burma’s burgeoning tourism industry is attracting some innovative—and unusual—investment from foreigners keen to cash in on the country’s newfound cachet.
Japan to give business training; tourism managers bone up on Burma; Suzuki restarts Rangoon factory; higher wages to keep Burmese migrants in Thailand: study
Burma’s neighbors frequently announce they are expanding economic ties with the rapidly reforming country. Yet, the assertions are superficial, as many planned projects remain stalled.
The World Bank says it will support investment in Burma’s underdeveloped power infrastructure, as the sector is imperative to spurring economic growth and reducing poverty.
Tay Za, a US sanction-listed businessman, wants to quit chairing Burma’s gem industry association, but the organization claims that it wants him to stay.
Norwegian bid for Burmese gas; Singaporean media firm to promote Burma tourism; Japan to give another $220m; World Bank debt deal boosts Dawei port prospects
Without a cohesive development plan Rangoon faces the same fate as Bangkok, Manila, Ho Chi Minh City and Jakarta, planners and conservationists warn.
Burma to get microfinance scheme; special business zone planned in Mae Sot; China admits to bribes; Indian company seeks timber mill; Belarus in agriculture talks
