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BURMA BUSINESS WEEKLY 30 MAY  

BUSINESS in BURMA this week: Gold drops in price; Singaporean oil firm expands drilling in Magwe; Japan's Komatsu contracted for power plant; corn production expected to pick up; foreign banks ready to launch.

Lawyers take to streets to save historic courthouse

Dozens of lawyers marched through downtown Rangoon on Wednesday to protest the privatisation of two colonial-era buildings.

Burma Business Weekly

BUSINESS in BURMA THIS WEEK: China remains the country's top trading partner; Myeik to Bangkok flights launch; Austria offers technical expertise on hydropower projects; and corruption in Burma still worries investors.

Chinese firm claims Hpa-an locals support cement factory project

Myanmar Jidong Cement Company has countered claims that local communities in Karen State capital Hpa-an are opposed to their building a factory in the area, saying it has the support of the people and that the project will go ahead, pending approval.

Japanese car builders bid on Thilawa

Japanese auto giants Suzuki and Toyota are among the bidders for parts and manufacturing facilities at the Thilawa Special Economic Zone near Rangoon, said Burma’s investment commission.

Business Weekly

This week: Shwe gas pipeline fully operational; Burma invites tender bids for broadband services; Mandalay railway station floors to be converted into hotel; Ministry to ban foreign fishing boats in Burmese waters; and more.

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