This week in business; Myanmar Brewery in deal dispute, Mercedes releases new car for Rangoon traffic, and a Thai telecoms firm ventures into the Burmese market.
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; Coca-Cola defends claims of links to military company, the Thilawa Special Economic Zone steams ahead and KFC opens in Rangoon.
CP Land Plc plans to pay US$16 million this year to take over an office building in Rangoon.
“We have gone from what was essentially a gold rush to virtually no buyers whatsoever,” a property broker from Rangoon’s Twante Township, Myint Oo, told DVB.
A Buddhist monk who assisted in the raid on the Mahasantisukha Monastery say he was tricked into it.