Around 100 firetrucks and 600 firefighters were deployed to extinguish the blaze, which raged for four hours before it was brought under control.
Norwegian mobile phone operator Telenor reported second-quarter earnings below expectations on Wednesday, but said its rapid growth in Burma continued.
Rangoon regional assembly on Monday began inviting tender bids from large-scale Burmese developers for a new town plan located west of the city centre.
Business in Burma this week: Yoma secures loan from ADB to aid investments in Burma; Green flag for foreign firms in medical sector; Burma looks to compete as garment maker.
Four shop owners in Kachin state have been arrested and hit with charges by officials for using a video camera at a protest last month
Police detained Aye Thein who was assisting about 100 vendors who were protesting potential relocation in Mandalay’s Kidan Market