One of the grandsons of Burma’s late dictator says the family’s company is buying the majority of AGD Bank.
A railway official in Naypyidaw says there were cost and environmental concerns about the Chinese plan to link the Arakan coast to Yunnan Province’s Kunming.
Western Banks stay out of license bidding, Burma’s UNESCO sites need better tourism infrastructure and Air Mandalay expands its fleet.
An enterprising young company harnesses social media to meet the growing demand in Myanmar for convenient, high-quality midday meals.
One of Thailand’s Big Four banks is among 25 foreign institutions hoping to be granted a license to do banking in Burma soon.
More than 700 workers protested in front of the South Korean Embassy to demand officials help them after a Korean-owned factory closed without paying wages.
Burma’s state-backed telecoms operator is partnering with two Japanese companies in a bid to keep afloat in a rapidly expanding market.
The UK government and British companies are providing funding for a new body that will help businesses looking to invest in Burma’s growing economy.
Report says there is unlikely to be enough investment to increase the country’s refining capacity, even as companies embark upon exploration for oil and gas.
Japan's KDDI Corp and Sumitomo Corp, in partnership with Burma's state-backed telecoms operator MPT, plan to invest about $2 billion to expand services in Burma.
Production to be expanded at Yadana gas field, gems auction brings in a record-breaking $3.4 billion, and Singapore tops the latest foreign investment figures.
The government plans to increase its electricity-generating capacity more than fivefold by 2030, but investment is needed to light up the country.
A new tax system introduced in April that reduces rates for lower-value properties has prompted many owners to register their sales and pay taxes.
As Khin Maung Soe visits Britain, UK-based companies Rolls Royce and Aggreko ink agreements with local firms to generate electricity in Burma.
In northern Burma, where the vast majority of the world’s jade is produced, mining companies can resume operations in September, following a two-year hiatus due to armed conflicts.
Jade sales at Burma’s major gems emporium last week have surpassed expectations and totaled about US $3.4 billion, up from about $2.6 billion last year.
The government and consultants CPG are inviting international companies to register their interest in building a port, an industrial zone and residential developments in Arakan State.
Thilawa key to future FDI; oil and gas sector still opaque; French exploration firm opens Rangoon base; more dams, despite opposition; rice exports held back
Burma has become a candidate for the Extractive Industries Transparency Initiative, a global anti-corruption scheme, but NGOs remain concerned over the government’s commitment.
Over the past 20 months, the Burmese government has ramped up its efforts to inspect imports and exports at checkpoints across the country.