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Bagan named No 2 city in the world
The ancient Buddhist kingdom of Bagan in central Burma has been named the second greatest city in the world by the readers of Wanderlust Travel Magazine.
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Business weekly 9 January 2015
In business this week: Burma’s flag-carrying airline will lease 10 Boeing aircraft from US- and Ireland-based GECAS and the Central Bank announces the sale of government treasury bonds beginning later this month…
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Burma’s top taxpayers 2014 announced
Myawaddy Trading Ltd tops the list for commercial tax, and Kanbawza Bank comes in first for income tax.
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BUSINESS WEEKLY 3 OCTOBER 2014
P&G joins US Chamber of Commerce in Burma; Telenor turns on its network in Burma; PTTEP to increase Burma investment by US$3.3bn; No tax exemption for INGO workers;
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BUSINESS WEEKLY 26 SEPTEMBER 2014
Germany’s KfW and GIZ pledge €27 million for development; Govt gives green light for wine imports; Nestlé to open factory in Burma; Burmese investment forum held in New York; CAOG Sarl to begin energy production
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Burma emerging as a major travel destination in Asia
Burma has been rebounding from the impact of sanctions eased by European countries three years ago and is emerging as a favored travel destination in Asia.
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BURMA BUSINESS WEEKLY
BUSINESS in BURMA THIS WEEK: Rangoon hotel market looks to continue record growth; Kyaukphyu SEZ master plan near completion; Telenor reaffirms Burma link with executive appointment; and the sale of Thilawa leasehold rights begins.
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BURMA BUSINESS THIS WEEK
BUSINESS in BURMA THIS WEEK: price of gold drops; Rangoon hosts international electronics expo; border trade is booming; Mitsubishi Electric opens; Red Bull promises jobs; and Mandalay leads the way in new hotel ventures.
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Japan to help build up Bagan
Japan’s extensive development portfolio in Burma has reached the tourist capital of Bagan, with a 10 April agreement to help develop tourism infrastructure over the next three years.
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BUSINESS in BURMA this WEEK: China offers tax breaks on Burmese gas; foreign banks to be allowed limited operations in Burma; construction begins at Thilawa industrial zone; telecoms giants ink deal; and new proposals for the Rangoon skyline.
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Business Weekly
BUSINESS IN BURMA THIS WEEK: Hotels open in Naypyidaw for SEA Games; India eyes pan-Asian gas contract; rubber deal signed with Japan; IMF’s Christine Lagarde is en route to Burma; and both Mercedes and Chevrolet plan auto showroom launches in Rangoon.
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Business Weekly
This week: Shwe gas pipeline fully operational; Burma invites tender bids for broadband services; Mandalay railway station floors to be converted into hotel; Ministry to ban foreign fishing boats in Burmese waters; and more.
Thein Sein inspects SEA Games stadiums
With just 50 days left until the opening ceremony of the 27th Southeast Asian (SEA) Games, Burma’s President Thein Sein on Sunday inspected preparations at the games’ main sports venue, the 30,000-capacity Wunna Theikdi Stadium in Naypyidaw.
Foreign tourists cancel trips to Burma after bombings
Travel agencies in Burma are facing losses as many foreign tourists have cancelled their planned visits to the country after a spate of bombings claimed two lives and injured an American woman.
Burma blacklists two US-based reporters for covering Rohingya crisis
Two US-based journalists have been blacklisted by the Burmese government after they visited conflict-struck western Arakan state to cover the ongoing persecution of the Rohingya Muslim minority.
Theft on the rise at popular tourist destination
Residents in Bagan are calling for new measures to protect tourists as incidents of theft increased this month at one of Burma’s most popular tourist destinations
Auditor General’s report details misappropriation by 15 ministries
Burma’s Auditor General filed a report on Wednesday to the Union Parliament revealing his office’s findings concerning the misuse of funds by 15 government ministries during the 2011/2012 fiscal year.
US ups ante in Burma’s economic future
On Thursday, the US government fired the starting gun for American investors to get down to business in Burma, announcing two general licences permitting new investment in almost all of the country’s sectors
Not enough facilities for tourists in Burma, says official
Chairman of newly formed Myanmar (Burma) Tourism Board said the country’s tourism facilities currently can only provide services to 300,000 tourists
Analysis: Junta’s information black-out
Tai Kyaw Jul 4, 2008 (DVB), Burma's military regime is still keeping quiet about an incident following Cyclone Nargis. It is a minor incident, but one that would surprise the[…]
Junta’s information black-out
Tai Kyaw Jul 4, 2008 (DVB), Burma's military regime is still keeping quiet about an incident following Cyclone Nargis. It is a minor incident, but one that would surprise the[…]
