Economics

‘Boost pay to combat corruption’: Shwe Mann thumbnail

‘Boost pay to combat corruption’: Shwe Mann

Parliamentary speaker says salaries for civil servants should be brought into line with those prior to 1962 to rout widespread graft
Western companies ‘still wary’ of Burma thumbnail

Western companies ‘still wary’ of Burma

Business leader says western investment interest in Burma still low compared to Asian countries but reforms could see that change
US eases Burma sanctions, allows IMF in thumbnail

US eases Burma sanctions, allows IMF in

Secretary of State Hillary Clinton signs a partial waiver of restrictions imposed under the Trafficking Victims Protection Act
Nobel laureate Stiglitz due in Burma
Renowned economist to make his second trip to Burma this weekend to address forum on sustainable growth in Rangoon
ASEAN business leaders head for Rangoon
Delegates from the ASEAN Business Club to hold talks with industry figures in Burma as investors descend from the region and beyond
Thai energy workers strike in Tavoy
Employees of PTT complain of low salaries and poor working conditions as strike threatens to bring further controversy to lucrative venture
Budget revamp targets health, military
Education and health sectors could see dramatic increase in spending but additional money also proposed for Burma's military
Burmese banks to start SE Asia services
Four privately-owned banks to open money exchange services in Thailand, Malaysia and Singapore to help flows of remittances
Burma draws on Singapore’s economic skill
Burma likely to tap Singapore's expertise in financial services as president embarks on four-day visit to key economic ally
Burma lures investors with 8-year tax break
Industry minister says foreign businesses 'rushing' to Burma where radical investment legislation will soon be enacted
Burma ‘ready for ethical investment’: Suu Kyi
Opposition leader tells World Economic Forum that Burma would benefit from 'ethical, new and innovative investment'
EU mulls aid boost to spur Burma reform
EU could channel $US197 million to Burma to encourage greater reform after dropping visa ban on president and vice presidents
IMF says Burma in ‘advantageous’ position
More economic reforms needed, but wealth of natural resources and young labour force all positive signs for Burma's economy

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