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    Category: Economy

    Business Economy Lead Story News

    Economic growth falling short of targets

    Burma has fallen short of its projected economic growth rates for the past two fiscal years, Minister for National Planning and Finance Kyaw Win acknowledged during a joint session of Parliament on Monday.

    Business Economy Lead Story News

    IMF sees stronger growth in Burma

    The International Monetary Fund on Friday forecast an economic rebound in Burma this year, but said the Rohingya refugee crisis may dampen investment as the country faces international pressure over its treatment of the Muslim minority.

    Business Economy Lead Story News

    IMF visits Burma for annual economic checkup

    An International Monetary Fund delegation visits Burma this week for an annual economic checkup of a country whose treatment of its Rohingya Muslim minority has put it in the international spotlight.

    More

    Economy International Relations Lead Story News

    ASEAN economies get a lift from China. Later, they may get the bill

    China is ploughing money into Southeast Asia, but as welcome as all this economic activity is to the region, it could also present political problems, as countries confront China over issues such as its claims in the South China Sea.

    Development Economy Lead Story News

    Burma needs millions of new houses, says UN

    The UN says that one in four people in Burma live in low-quality housing, exposing them to greater threats during natural disasters.

    Business Economy Lead Story News

    Tycoon Serge Pun says economy neglected by NLD government

    Burmese tycoon Serge Pun, one of the wealthiest men in Asia, says the government led by Aung San Suu Kyi has neglected the nation’s much-needed economic reform.

    Development Economy Feature Features Labour Issues Lead Story

    In Burma, garment industry booms — and labour unions pay the price

    Discrimination against workers standing up for their rights in Burma’s garment industry was highlighted this month after a union leader was fired at a factory supplying fashion brand H&M.

    Business Economy Lead Story News

    Burma’s breakneck growth brings surge in fuel oil shipping from Singapore

    Burma’s oil imports are surging to fuel a fast-growing economy and rebuild rotting infrastructure, creating a small but profitable route for ships making a beeline for the emerging Southeast Asian nation from the regional hub of Singapore.

    Economy International Relations Lead Story News

    With Trump win, China looks to seize Asia free trade leadership

    Beijing aims to capitalise on the Trump-induced coma of the Trans-Pacific Partnership (TPP).

    Business Economy Lead Story News

    Investors keen on Thilawa, but concerns remain

    The Thilawa Special Economic Zone is fast becoming a prime destination for foreign investment, but local people say their concerns aren’t being taken seriously.

    Economy Human Rights International Relations Lead Story News

    Activists denounce ‘atrocious’ decision on sanctions

    Human rights activists denounce the Obama administration’s decision to lift sanctions on Burma as a “dark day” for the country’s efforts to end abuses by the military.

    Arakan Business Economy Environment Lead Story News

    Arakan petition calls for local control of resources

    An Arakanese civil society group says that 300,000 people in Arakan State have signed a petition calling for greater control over resource extraction in the impoverished region.

    Business Economy Lead Story News

    Burma, Thailand still committed to Dawei project

    Plans are afoot to revitalise the role of two committees that aim to rev up the multibillion-dollar project.

    Business Economy Lead Story News

    First coffee shipment from Burma arrives in US

    The United States received its first commercial-scale imports of coffee from Burma in over 15 years this month as part of a US government programme to help farmers in the once-isolated Southeast Asian economy.

    Economy Finance Lead Story News

    Central bank governor under fire amid stalled reforms

    Kyaw Kyaw Maung, the governor of the Central Bank of Myanmar, was reappointed to the position in 2013 by former president Thein Sein, after previously serving under Burma’s former military junta.

    Business Economy Lead Story News

    Investment plunges amid caution over policy

    Foreign investment in Burma has dropped to US$380 million during the first four months of the current fiscal year, down from $2.6 billion during the same period last year.

    Economy Interview Lead Story News

    Interview: ‘Burma has an extraordinary future in agriculture’

    Economist Sean Turnell speaks to DVB about the NLD’s recent economic policy statement and other issues related to Burma’s prospects for development.

    Economy Lead Story Natural resources News

    Activists urge govt to push for jade transparency

    Burma’s decision to shake up its multi-billion dollar jade business is a ground-breaking opportunity to stop human rights abuses and increase transparency, say activists.

    Business Development Economy Lead Story News

    Burma to reduce resource dependency: German delegation

    Burma’s government wants to pursue more sustainable economic development by depending less on resources, says a German business delegation.

    Business Economy Lead Story News

    Business leaders seek economic direction from NLD

    Burma’s business community is eagerly awaiting an announcement this week from the ruling National League for Democracy about its economic policies.

    Business Economy Lead Story News

    US investment to expand reach of telcos

    The US-government-backed Overseas Private Investment Corporation launches operations in Burma with a US$250 million loan to a company that builds and maintains telecommunications towers.

    Economy Lead Story News

    ADB to more than double loans to Burma

    The Asian Development Bank says it will lend US$350 million to Burma next year, more than doubling the amount for this year, as the country begins to focus on major infrastructure projects.

    Business Economy Lead Story News

    Port jam puts government to the test

    As imports soar in Burma’s booming economy, the country’s largest port struggles to keep up.

    Economy Lead Story News

    NLD fights to end bribery for govt services

    Burma’s new National League for Democracy government has a huge set of reform challenges waiting for it, but few could be more important and intractable than corruption.

    Business Economy Lead Story News

    Thais see uphill battle for Burmese economy

    Burma’s lack of skilled labour is one of the major hurdles facing the country’s economy, according to Thai academics.

    Economy Lead Story News

    Trade deficit unchanged at $5 billion in fiscal 2015-16

    The trade deficit reflects the rapidly growth of Burma’s economy, with imports of construction materials accounting for roughly 40 percent of imports.

    Analysis Business Economy Lead Story Opinion

    OPINION: Time to get down to business

    The NLD can’t afford to waste any time in tackling Burma’s economic challenges.

    Economy Interview Lead Story News

    Interview: Suu Kyi govt must work with cronies

    Now that the vote has lived up to its seismic billing, DVB sat down with Professor Maw Than, a former director of the Central Bank of Myanmar to discuss how next year’s NLD-led government will continue the project of Burmese economic rehabilitation.

    Interview: Fukuyama calls for Burmese to be patient video

    Economy Elections Interview Lead Story News Politics Video

    Interview: Fukuyama calls for Burmese to be patient

    Noted political scientist and author Francis Fukuyama spoke to DVB on the sidelines of his talk in Rangoon, where he discussed economic policy, the rule of the law, and the need for Burma to be patient on the road to democracy.

    The US dollar is predicted to strengthen further against the kyat. (PHOTO: DVB).

    Business Economy Finance Lead Story News

    US dollar demand rises against weakened kyat

    Burmese finance analysts have predicted that the US dollar will continue to strengthen against the kyat until the end of the year, state media reports.

    Page 1 of 212»
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