Ooredoo to provide rural women jobs; US$780 million approved for Rangoon construction; Thais, Chinese to research wind power; and VietJet Air targets Myanmar Airlines.
Two of Burma’s major private banks are waiting for the Central Bank to allow them to issue debit cards that can be used overseas.
Snr-Gen Min Aung Hlaing reportedly discusses the multi-million dollar port project in a meeting with Thailand’s prime minister in Bangkok.
Months after the United States published the first reports by American companies investing in Burma, big brands such as Coca-Cola remain absent from the filings.
A new authorized reseller of Apple computers is set to open in Rangoon this month, but a black market for electronics means cheaper alternatives remain.
Investors’ enthusiasm for mining opportunities in Burma is tempered by license delays and a wait for the government to pass a mining law.
Skyrocketing property prices in Rangoon will be controlled by the government starting next month, Rangoon Division officials announced this week.
Foreign telecom investors coming to Burma “are forced to partner with local businesses heavily engaged in corrupt business practices,” an international business risk report warns.
As international firms Telenor and Ooredoo prepare to enter Burma’s telecommunications market, their state-backed counterparts are looking for investors.
The Norwegian firm’s chief executive in Burma hopes a license will be awarded soon, allowing Telenor to begin the challenge of expanding access to telecommunications.
A new listing of Burma’s top 100 corporate taxpayers includes tycoons who remain blacklisted by the United States for links to the former military regime.
Investors show interest in Mon State, but concerns about local governance and the region’s not-so-distant history of ethnic conflict may be holding foreign businesses back.
Limits on lending terms and lengthy paperwork may be making installments too costly for many to take advantage of hire purchase deals.
Ooredoo is in talks with Telenor of Norway about sharing transmitter towers to increase access to mobile services in Burma.
Mazda Motor Corp will start selling new vehicles soon in Burma, its chief executive said, as carmakers rush to get a foothold in the country.
Area around Rangoon’s historic railway office is set to be turned into a large shopping, office and residential complex.
Efforts by Thailand to bring in Japanese backing for the stalled Dawei special economic zone project could be doomed.
Neighboring countries ‘take advantage’ of Burma; a new companies law is planned; foreign investment grows fivefold; and Suu Kyi makes a European tour.
Burma announced that it has opened bidding for the development of Kyaukphyu SEZ development. An economic analyst says China and India are the main contenders.
A thirteenfold increase in exports to France could be just the beginning, as the European Union reinstates tariff-free trade for Myanmar.