GDP statistics are being tweaked to present a rosy picture of Burma, which remains the third most corrupted country among all Asia Pacific nations.
Myanmar Brewery Limited (MBL), the military-linked producer, faces stiff competition from global giants for a rapidly growing consumer market set to lift beer consumption from among Asia’s lowest.
Rangoon regional assembly on Monday began inviting tender bids from large-scale Burmese developers for a new town plan located west of the city centre.
This week in business; negotiations for a minimum wage begin in Rangoon, Burma looks to wind farms for energy supply, and companies cash in on tourism boom.
Thein Sein is scheduled to make an official state visit to Mongolia later this month, at the invitation of Mongolian President Taskhiagiin Elbegdorj.
Concerns about the region’s wealth gap weigh heavy on the Association of Southeast Asia Nations (ASEAN) bloc as the year-end market integration plan draws near.