Garment manufacturers say they can’t afford to pay laborers 3,600 kyats (US$3.24) per day minimum wage recommended by an expert committee.
International aid donors are falling short on commitments to provide open data on their spending and operations in developing countries, according to a new report.
Indian Prime Minister Narendra Modi urges companies to make electronic and digital goods, reviving a campaign promise to bridge India’s digital divide.
Exasperated by the performance of his economic team, Indonesia’s president has personally taken on the job of promoting Southeast Asia’s largest economy to skeptical investors.
The president of the Hlaing Tharyar Industrial Zone, Myat Thin Aung, warns that Burma’s minimum wage increase will threaten the viability of some factories.
Burma’s National Minimum Wage Committee proposes that the country’s minimum wage be set at 3,600 kyats (US$3.25) for an eight-hour day.
China will hold over a quarter of the votes in the new Asian Infrastructure Investment Bank (AIIB), giving it a veto in some key decisions.
Telenor to seek advice as it expands into conflict zones, Pizza Hut to open in November, and global garment retailers back Burma labor reform.
Business sources welcome a call for British companies to invest in Burma’s skills sector, citing a dearth of qualified workers to fill growing job opportunities.
The Irrawaddy speaks with Ko Zaw Lin Htut, CEO of the Myanmar Payment Union, on his vision for a “cashless society.”
A mobile phone application linking passengers with taxi drivers launches in Rangoon’s Hlaing Tharyar Township, billed as the latest initiative to help reduce traffic congestion.
Burma’s 52nd Gems and Jade Emporium is expected to reel in lower sums as a result of a new spending policy and high supply.
The Federation of ASEAN Travel Associations calls for visa-free travel for tourists among the 10-nation bloc, as well as from China, Japan and South Korea.
Ye Myint and fellow coffee growers hope to take the sector to a new level in central Myanmar.
Danish company plans wind farm in Mon State, new draft companies law published, and Daewoo denies plans for Burma asset sell-off.
An innovation competition hopes to assist hoteliers and other local operators will develop new ways of catering for Burma’s burgeoning tourist industry.
Burma’s Central Bank will allow the unrestricted sale of foreign currencies edible oil, fuel and cement importers to avert a rise in the commodities’ prices.
Arakanese parliamentarians will propose that the regional legislature discuss the awarding of tenders for the Kyaukphyu special economic zone, which has been beset by delays.
Burma’s state-owned flag carrier, Myanmar National Airways, announces that it will offer direct flights from Rangoon to Singapore beginning in August.
Burma’s rice exporters will attend an exhibition in Milan for the first time, hoping to promote Burmese rice in Italy and other European markets.