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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.

Telenor promises mobile coverage to 90% of Burmese

The Norwegian telecoms firm is embarking on a US$1-billion investment to roll out its commercial second- and third-generation mobile service in Burma this year.

Telecom investments threaten privacy rights in Burma

World Bank support for the fledgling Burmese telecommunications market may well exacerbate civil society concerns.

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.

Burma Business Weekly

BUSINESS in BURMA THIS WEEK: Burma files trade deficit; gold is up in Rangoon; private gas stations are licensed; Ooredoo inks deal with Nokia.

Business Weekly

BUSINESS in BURMA this WEEK: China offers tax breaks on Burmese gas; foreign banks to be allowed limited operations in Burma; construction begins at Thilawa industrial zone; telecoms giants ink deal; and new proposals for the Rangoon skyline.

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