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.
The Consumer Protection Association of Myanmar is confiscating food products that it says are in contravention of food safety and consumer laws.
The local banking industry worries their best staff will be pulled away after Burma grants operating licenses to foreign banks next month.
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.
Clashes broke out last week between ethnic Kachin rebels and the Burma Army close to the country’s main jade mining area.
KBZ Group and Jewellery Luck Company split ownership of a hotel that will offer the most expensive rooms in Burma’s capital.
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 Division’s Internal Revenue Department plans to conduct an annual evaluation of real estate prices as part of its new property sales tax system.
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.
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.
The Qatari company’s mobile phone and Internet services are already available to some, but for more than half the country the wait continues.
The government’s efforts to end decades of civil war in ethnic states have put some flashy wheels on Myanmar’s roads.
Airports of Thailand links up with Rangoon airport’s operator, four onshore oil and gas deals are signed and a gas plant draws foreign firms’ interest.
Mobile phone application Viber announces that the use of its communications service in Burma has soared and reached 5 million users in July.
The pipeline from the Arakan coast to Yunnan Province is currently working well below its capacity, with little explanation given as to why.
Although there has been no official announcement, some phone shops in Mandalay and Naypyidaw have begun selling mobile phone SIMs.
ANA Holdings puts its decision to withhold an investment of $25 million down to intensifying competition between airlines in Burma.