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BURMA BUSINESS WEEKLY – 16 AUGUST 2014
BUSINESS in BURMA THIS WEEK: Thai firms queuing up for oil and gas contracts; post and telecoms market gets competitive; Air Bagan offers shares to staff; and the govt announces a plan to bring electricity to the entire country by the year 2030.
Unity verdict slammed at home and abroad
Amnesty International said it was a “dark day for freedom of expression” in Burma, while Reporters Sans Frontières referred to the sentencing as a “grave setback for press freedom” in the country.
France’s largest bank hit with $9B fine for violating US sanctions
France’s largest bank, BNP Paribas will plead guilty to violating US trade sanctions by processing billions of dollars for Burmese entities via US financial institutions.
Italian town awards honorary citizenship to Unity journalists
Four journalists and the CEO of Unity Weekly are due in court in Monday charged with revealing state secrets; meanwhile an Italian town awards them honorary citizenship for “exceptional and humanitarian reasons”.
DVB Debate: Is it too late to save Burma’s crumbling heritage?
Panellists on DVB Debate discuss whether it is too late to save Burma's rich cultural heritage, which has suffered decades of neglect.