BUSINESS— Indonesian firm WIKA to build $125 million tower in Burma

Indonesian construction firm PT Wijaya Karya (WIKA) and its partner, Singapore-based developer Noble Twin Dragons Pte Ltd, have signed a US$125 million contract to build a commercial tower in Burma. The construction work of the 23-storey Pyay Tower and Residences, based in Rangoon, will commence next month and conclude within two years, reported The Jakarta Post.