Business Development Lead Story News
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.
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.
Foreign direct investment in the fiscal year ending in March grew to nearly $9 billion, after a rush of last-minute approvals.
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.
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.
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
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
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.
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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
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’.
Catch up on the latest banking, finance, and investment news from Burma.
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
Catch up on the latest in Burmese business, development and finance from this week.
Business Electricity Lead Story News
A Thai government-backed utilities provider is awaiting approval from the Burmese government to launch a new ‘clean-coal’ power plant in Myeik.
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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.
Norwegian mobile phone operator Telenor reported second-quarter earnings below expectations on Wednesday, but said its rapid growth in Burma continued.
Business Development Lead Story News Travel & Tourism
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
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.
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.
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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.
This week in business: Dagon City development scrapped; Myanmar National Airlines launch first international flight; Dawei SEZ finally gets green light.
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
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
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.
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
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
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.
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.
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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.
Business Weekly Lead Story News Trade Travel & Tourism
In business this week: plans in place to allow foreigner to buy stocks; Burma considers sales of debt; deprived Chin State targets tourists
