Bankers say competition in the market is increasing, but they will only raise interest for savers by 0.25 percent from August 1.
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.
A cofounder of property portal Lamudi explains how the Internet penetration rate affects his business in Burma, and his plans for expansion in the future.
One of Thailand’s Big Four banks is among 25 foreign institutions hoping to be granted a license to do banking in Burma soon.
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.
The railway’s start point in Mon State is a reminder of the thousands of war prisoners who lost their lives constructing the line to Thailand.
Divorced women in Burma can currently receive no more than 100 kyats in monthly support, about one-third the price of a cup of tea.
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.
The Burmese airline plans to launch its first international routes later this year to the northern Thai destinations where many Burmese migrants live.
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 National League for Democracy held its first ever youth congress in Rangoon this past weekend and during the event 15 youth leaders were chosen.
The website of Burma’s IT ministry is hacked, with cartoon depictions of turtles replacing government logos, perhaps as a critique of slow Internet connections.
Over the past 20 months, the Burmese government has ramped up its efforts to inspect imports and exports at checkpoints across the country.
The Department of Civil Aviation is indefinitely delaying its plans to invite foreign and local companies to upgrade 30 out Burma’s 69 domestic airports.
The Department of Internal Revenue announces that it would improve tax collection on income earned from rent rates, which have been soaring across Rangoon.
Myanmar’s film industry struggles to find its way after decades of decline.
The government opens a tender to develop a new online system that allows tourists to apply more quickly for visas to Burma.
There are fewer jade lots at a major gems emporium in Naypyidaw this year, but the government still expects to earn 2 billion euros.