Price of Gold Skyrockets in Burma

The price of gold reaches an all-time high this month at markets in Rangoon.

Burma’s Investment Commission Open for Business

Burma’s new Foreign Direct Investment law has left many people confused by its poorly defined provisions yet the country’s investment commission remains busier than ever.

Telecoms Uncertainty as Firms Indulge in Back-door License Lobbying

Foreign telecom companies are stealthily lobbying in Burma’s corridors of power as they vie for contracts to put the country on the global phone map.

Farmers Want National Association to Protect Interests

Farmers from rural areas around Burma are trying to set up the Myanmar Farmers Association although government permission has not yet been granted.

China ignores pipeline rights abuses; reforms could bring millions of new jobs; rice crop faces slump; Japan to help launch satellite; Coke makes a comeback

Western Union to Open in Burma

The US-based firm has signed an agreement with the Myanmar Oriental Bank to handle money transfers into and out of Burma.

The iPhone 5 goes on sale in nine countries next Friday with a taller, thinner frame than its predecessors.

Ethics of MOGE and Gas Money

A raft of reforms needs to be introduced to allow international energy companies to invest in Burma’s oil reserves while maintaining their self-professed ethical standards.

Big oil ignores transparency gripes; Airlines ramp up Rangoon flights; Hotels capacity stretched by visitor numbers; and Singapore firms corner corporate events market.

Burma’s Union Parliament passes the controversial Foreign Direct Investment law but drops the clause which required minimum investments of US $5 million.

A dozen private companies are given permits to offer insurance services in Burma for the first time since 1963—including Max Myanmar, Kanbawza and AsiaWorld.

No official date for offshore gas bidding is set as Foreign Direct Investment law delay rolls on.

Burmese businesses urge parliamentarians to reduce restrictions on international companies in the new Foreign Direct Investment law.

International oil and gas firms rub shoulders in Rangoon’s Sedona Hotel as Burma’s Ministry of Energy seeks to lure investment in offshore and onshore exploration.

Japan to spearhead Thilawa development; MOGE a risky partner; Canada’s trade minister to visit Burma; FDI law faces further delays; ADB pushes Bangkok on Dawei

Indonesia’s biggest cement maker Semen Gresik sets aside US $300 million to expand its business to Burma, Cambodia and Vietnam.

Can Burma Solve Energy Gap Via its Asean Connections?

Plans to build a regional power grid could help Burma boost its energy supply and improve its chances of realizing its economic potential.

The Myanmar Rice Federation recommits to exporting one million metric tons of rice during the current fiscal year despite serious flooding in the Irrawaddy Delta.

Western oil firms front and center at energy conference; US ambassador calls for transparency; Burma decades behind Asean; Thai government seeks Japan’s help with Dawei

Environmental Crises Threaten Burma’s Economy

Two studies warn that Burma needs to build defenses against natural disasters like Cyclone Nargis and guard against environmental calamities.