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Japan pledges 10.5 million yen for Burma’s communications network
Japanese Foreign Minister Fumio Kishida pledged 10.5 billion yen (US$102 million) in loans to his Burmese counterpart, Wunna Maung Lwin, on Saturday to improve the country’s communications infrastructure.
Black market boom in cheap Ooredoo SIMs
Ooredoo’s cheap SIM cards are ending up on the black market, with even official dealers selling them at higher prices.
Why the UN Sec-Gen must act now to address impunity in Burma
A Security Council Resolution, implementing the secretary-general's call to investigate and respond to current and historical human rights violations in Burma, is the only hope that crimes against humanity can be addressed.
BURMA BUSINESS WEEKLY
BUSINESS in BURMA THIS WEEK: Rangoon hotel market looks to continue record growth; Kyaukphyu SEZ master plan near completion; Telenor reaffirms Burma link with executive appointment; and the sale of Thilawa leasehold rights begins.
BUSINESS in BURMA THIS WEEK
BUSINESS in BURMA THIS WEEK: Telenor pledges to erect 2,400 telecommunications towers across Burma; Exim Bank looks at southern highway; Traders Hotel rebranded as Sule Shangri-La; and Yoma announces deal with Mitsubishi.
BUSINESS WEEKLY 14 March 2014
The Burmese currency strengthens for a fourth week running, its buying rate lowering from 968 to 962 kyat to the US dollar, while the selling rate moves from 973 to 970 kyat to the dollar.
