Burma’s inflation is forecast to stay at 9 percent; the IMF recommends monitoring of foreign bank licenses; and AirAsia looks to Rangoon.
Burma’s economy should grow 8.5 percent during this fiscal year, higher than earlier forecast thanks mainly to rising gas production and investment, the IMF says.
Two new domestic airlines are expecting to get the green light “soon” to begin flying both domestic and regional scheduled routes.
An international property portal says three quarters of visitors to its website in Burma want to buy property, rather than rent.
Fokker used “deceit and trickery” in sanctions breach, vehicle imports from Thailand have slowed and an Indian transport project in western Burma raises concerns.
The World Bank says Burma could boost agricultural exports by investing in rice mills, reducing transport costs and formulating policies that support the export.
The world’s largest hotel operator by market value is pushing on with expansion in the country, despite delays to its maiden Burma project.
A cyber security firm says it is presenting “undeniable” evidence that part of the People’s Liberation Army has attacked Western government agencies and defense contractors.
The US Campaign for Burma says some companies may be “flying under the radar” of the American authorities meant to be enforcing reporting requirements.
The Myeik Public Corporation plans to invest US$4 million in a resort on Kadan Island in the largely untouched Mergui Archipelago next year.
Myanmar Oil & Gas Enterprise is looking for partners for its “corporatization,” and the rules for Burma’s new stock exchange have not yet been approved.
US Secretary of Commerce Penny Pritzker christens a new trade office in Burma as she seeks to deepen economic ties between the two long-estranged nations.
With the new military rulers in Bangkok looking to kick-start extraction projects, analysts see both plusses and minuses for Burma’s nascent industry.
A project worth about $1.3 million will attempt to extend access to financial services in the remote ethnic state in eastern Burma.
The recent appointment of Norway’s former ambassador to Burma to an executive position at Telenor Group has come under scrutiny in the Norwegian media.
In the first formal complaint filed under JICA’s objection procedures, three residents list the negative effects of Japanese investment at the Thilawa Special Economic Zone.
The move of Norway’s former ambassador to Burma to telecommunications firm Telenor prompts concern from some about the ethics of Oslo’s foreign policy toward Burma.
An official document sent to more than 30 foreign banks with offices in Burma includes details of how international institutions will be allowed to operate.
Yoma increases its stake in the telecoms sector, Burma’s oil imports are up and the Thai coup could lead to more interest in Salween dams.
US campaign group questions whether International Finance Corporation’s $170 million in loans for luxury hotel and real estate development will alleviate poverty in Burma.