Business Economy Lead Story News
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.
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
As imports soar in Burma’s booming economy, the country’s largest port struggles to keep up.
Women across Burma are choosing to cut off their hair and donate it to a monastery that is building new bridges across the country.
Business Lead Story News Travel & Tourism
Japan International Cooperation Agency (JICA) will invest US $250 million over three loans to help upgrade Rangoon’s existing Circular Railway line.
Development Health Lead Story News
Low investment, treatable diseases and increasing foreign interest in health system investment: a picture of healthcare in Burma.
Business Lead Story News Trade Travel & Tourism
With the recent influx of foreign nationals into the country proving lucrative, significant investments are made to take advantage of likely continued rise.
Business Development Lead Story News
The price of rice in Burma has increased by 41 percent in four years, much higher than rivals Thailand and Cambodia. This has led to a decrease in Burmese rice exports and food security at home.
Business Weekly Lead Story News
Burma- China border trade fair planned for December; MREA to introduce wind power plants; Colgate buys out Laser toothpaste; Singaporean firm wins Hanthawaddy airport deal; YSEB to list as public company
Thai- Burmese border trade is expected to flourish over the next couple of years, driven mainly by the planned development of a special economic zone in Mae Sot district.
Analysis Contributor Lead Story News
For those keen to participate in Burma’s uneven process of opening up, uncomfortable compromises have had to be made on all sides. Slow and steady no longer wins the race, says DVB contributor David Baulk.
Business Lead Story News Video
Several banks in Burma are having trouble with their electronic banking services due to poor network connections and frequent power cuts.
A third of school buildings in lower Burma are below safety standards, according to an education official.
Business Business Weekly Lead Story News
BUSINESS in BURMA THIS WEEK: Price of gold stabilises while kyat finishes strongly; Western Union expands outlets; stock exchange plans to start small; Malaysian minister urges investment in Burma; and tea industry in decline.
Most companies operating in Burma and Southeast Asia fail to meet international standards for transparency, according to a survey by the Business and Human Rights Resource Centre (BHRRC).
Despite an influx of foreign investment and large resource base, Burma’s exponential growth could be held back by inadequate basic infrastructure and a lack of skilled workers, says an international business analyst.
The Department of Meteorology and Hydrology says it is striving to improve its weather forecasting service in Burma but still lacks much-needed equpment.
The nearly $100 million is part of a $500 million development package pledged by Japanese Prime Minister Shinzo Abe last year when Tokyo also agreed to forgive some $3.7 billion in debt owed by Burma.
Business Lead Story News Politics
Japanese Premier Shinzo Abe plans to pledge 60 billion yen (US$580 million) in loans to Burma, chiefly to help it build infrastructure, at an upcoming summit with President Thein Sein, a Japanese government source told Kyodo News.
Analysis Contributor Lead Story News
Just one year ago, Burma was a purely cash economy: there were no ATMs and international credit cards were not generally accepted. Now VISA and MasterCard are leading the way in; but infrastructure in Burma is still a setback.
Business Environment Lead Story Video
A Chinese company delivered 19 dredgers to Burma on Saturday to help improve the country’s waterways.
Culture Lead Story SEA Games Video
Burma is due to host the ASEAN Para Games for the first time this December but athletes say the training facilities are substandard and lack proper equipment.
Features Health Lead Story Video
Due to a chronic shortage of midwives in Burma, expectant mothers are being put at risk from complications during pregnancy and birth.
Norwegian company Telenor and Qatari-based company Ooreedo have been awarded highly anticipated telecommunications licenses in Burma. Both companies say they will invest billions of dollars to roll out mobile phone,[…]
[scrollGallery id=26 – insert relevant ID number for gallery here] More than 700 villages and over 200,000 acres (80,940 hectares) of rice fields have been flooded across Burma as seasonal[…]
The Irrawaddy region’s parliament may need assistance from the central government to improve faulty infrastructure and provide urgent relief after heavy flooding deluged swathes of central Burma last week
Jan 27, 2009 (DVB), Union and Solidarity and Development Association members in ward 26 of New Dagon township in Rangoon have been recruiting new members by promising repairs to local[…]
Jan 20, 2009 (DVB), The Union Solidarity and Development Association has been trying to rally support in the poorer suburbs of Rangoon in preparation for the proposed 2010 election by[…]
Jul 29, 2008 (DVB), Christian religious leaders in Kachin state in northern Burma have been interrogated by local authorities about a poster campaign against the government’s ongoing Chibwe dam project.[…]
Jul 18, 2008 (DVB), Residents and criminal suspects awaiting charge have been forced to do hard labour to repair the Butheetaung-Maung Taw highway in Arakan state, locals said. The road[…]
