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BURMA BUSINESS WEEKLY
BUSINESS in BURMA THIS WEEK: Thein SEin says he aims to increase GDP to 9.1 percent; Telenor and Ooredoo awarded telecoms licences; and World bank pledges $2 billion in development aid.
Electric Power Minister promises to review price hike
Burma’s Minister of Electric Power Khin Maung Soe apologised to the public for the recent increase in electricity prices and promised that the decision would be reviewed in parliament.
At least 20 Burmese fishermen missing in Bay of Bengal
At least 20 fishermen from Irrawaddy division’s Bogale and Pyapon townships are missing in the Bay of Bengal after getting caught in swirling winds caused by Cyclone Phailin.
Western shrimp imports ‘fuel’ trafficking of Burmese migrants
Western demand for Thai-produced shrimps is fuelling an epidemic of abuses, including child and forced labour, among Burmese migrants working in the poorly-regulated industry, a new report warned on Thursday.
Burmese navy opened fire on fishing boat, claims Thailand
The Royal Thai Navy has protested an incident on Saturday near a disputed island in the Andaman Sea where Burmese naval forces allegedly opened fire on a Thai fishing boat.
Hundreds of families evacuated in eastern Burma as floods hit
Villages in Mon, Karen and Shan states inundated after days of monsoon rains while in Pegu some 600 residents are evacuated into monasteries and shelters.
