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    Tagged: finance

    Business Development Lead Story News

    USAID to help finance Burma’s ‘missing middle’

    A new microfinance programme backed by the US government’s foreign aid agency USAID aims to promote the growth of medium-sized businesses in Burma.

    Business Lead Story News

    Foreign investment hits record high

    Foreign direct investment in Burma during the fiscal year that ended in March totaled $9.4 billion for 217 projects, official data showed on Monday.

    Business Lead Story News

    Slew of foreign investments approved before govt power transfer

    Foreign direct investment in the fiscal year ending in March grew to nearly $9 billion, after a rush of last-minute approvals.

    More

    Lead Story News Politics

    INTERVIEW: Burma to push for rural development, equality, says minister-elect

    Burma’s first freely elected cabinet in more than half a century will focus on income equality, rural development and boosting budget revenue, the finance minister-elect said in his first interview since being picked for the job.

    Business Lead Story News

    Burma’s stock exchange prepares for first listing

    Burma’s new stock exchange plans its first listing on 25 March, the deputy finance minister said on Sunday, more than three months after it launched.

    Business Lead Story News

    Four international banks to join finance sector in Burma

    The Central Bank of Myanmar has granted preliminary approval to four foreign banks, in the second round of bidding for international vendors.

    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.

    2015 Elections Lead Story News Politics

    Too soon to consider sanctions lift -US officials

    The US on Monday welcomed Burma’s election as a victory for the people, and the vote appeared to raise prospects of a further lifting of US sanctions.

    Business Business Weekly Lead Story News

    DVB Business weekly

    As the Burmese kyat stabilises, the price of gold goes up. World Bank predicts lower growth in Burma; EU signs trade deal with Burma; and more.

    Business Lead Story Natural Disasters News Trade

    Burmese economic growth stymied by flooding: World Bank

    The World Bank’s prediction that the Burmese economy would grow at some 8.2 percent this year has been slashed in the latest ‘Myanmar Economic Report’.

    Business Lead Story News

    Business Weekly

    Catch up on the latest banking, finance, and investment news from Burma.

    Business Lead Story News

    Billions lost in corruption: report

    Almost $20 billion in dirty money linked to corruption and tax evasion has left Burma in the past five decades, according to an international watchdog.

    Business Lead Story News SEZ Trade

    Business weekly

    Catch up on the latest in Burmese business, development and finance from this week.

    The Thai government-backed utilities provider GPSC has promised the new power plant will feature 'clean coal' technology to control environmental degradation. (PHOTO: Wikicommons).

    Business Electricity Lead Story News

    Thai power plant awaits approval in Myeik

    A Thai government-backed utilities provider is awaiting approval from the Burmese government to launch a new ‘clean-coal’ power plant in Myeik.

    Business Business Weekly Lead Story News

    Business weekly 24 July

    This week in business; H&M voices support for a minimum wage, China tops list of foreign investors, and a visa-free agreement reached with Thailand.

    Business Lead Story News

    Telenor boosted by growth in Burma

    Norwegian mobile phone operator Telenor reported second-quarter earnings below expectations on Wednesday, but said its rapid growth in Burma continued.

    Burma's tourism industry is growing fast. (PHOTO: Wikicommons).

    Business Development Lead Story News Travel & Tourism

    New development bank to lift tourism sector

    The tourism industry will get a boost with the establishment of a tourism development bank, according to the Myanmar Tourism Bank.

    Business Business Weekly Lead Story News

    Business weekly 17 July

    This week in business; the wage war continues as workers rally and factories threaten closure, ‘New Rangoon’ property goes ahead and Henekin taps into Burma.

    Business Lead Story News

    Citigroup, StanChart hope to boost Burma’s credit rating

    Citigroup Inc and Standard Chartered Plc are set to advise Burma on its first credit rating, paving the way for it to issue its maiden international bond.

    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.

    Business Lead Story News

    Business weekly 10 July

    This week in business: Dagon City development scrapped; Myanmar National Airlines launch first international flight; Dawei SEZ finally gets green light.

    Burma's parliament will discuss the proposal to keep the retirement age at 60, instead of increasing it to 63. (PHOTO: Wikicommons).

    Lead Story News Parliament

    Parliament urged against retirement age increase

    MP Khin Maung Nyo has submitted an urgent proposal to parliament today, urging the government to keep the age of retirement at 60.

    Business Business Weekly Lead Story News

    Business weekly 3 July

    This week in business; Coca-Cola defends claims of links to military company, the Thilawa Special Economic Zone steams ahead and KFC opens in Rangoon.

    Business Business Weekly Lead Story News

    Business weekly 26 June

    This week in business; negotiations for a minimum wage begin in Rangoon, Burma looks to wind farms for energy supply, and companies cash in on tourism boom.

    Economy Lead Story News Trade

    Central Bank moves to prevent commodity price hike

    State-owned Central Bank of Myanmar on 17 June announced that it will begin the unrestricted sale of foreign currencies to fuel and edible oil importers.

    Business Business Weekly Lead Story News

    Business weekly 12 June

    In business this week; Thai energy drinks look to expand in Burma, Myanmar Airlines welcome a new Boeing, and talk of debt and deficit in Burma’s economy.

    Business Business Weekly Lead Story News

    Business weekly 5 June

    In business this week: YSX to open in October; MPs plan to borrow from CBM for agricultural loans; green energy in Burma; local banks fear foreign rivals.

    Business Lead Story News

    Japanese bank opens doors for business in Burma

    Central Bank governor describes the opening of Bank of Tokyo-Mitsubishi UFJ – the first foreign bank to launch in Burma – as a “new milestone”.

    Concern over deepening regional wealth gap as ASEAN leaders meet video

    ASEAN Lead Story News Video

    Concern over deepening regional wealth gap as ASEAN leaders meet

    Concerns about the region’s wealth gap weigh heavy on the Association of Southeast Asia Nations (ASEAN) bloc as the year-end market integration plan draws near.

    China summit aims to boost economic connection to ASEAN video

    Business Lead Story News Video

    China summit aims to boost economic connection to ASEAN

    Asian leaders have gathered in China for a four-day summit aiming to set the economic agenda during what is sure to be a crucial year for Burma.

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        Dinner for the Spirits

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        Inside one of Kachin State’s newest IDP camps

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