The Irrawaddy Business Roundup (July 30, 2016) By

ADB’s transportation tips; Ooredoo profits; New director at Korean think tank; Crop insurance launches; Private equity fund raises capital for Burma projects

Govt Releases Economic Policy Outlines, Deferring Detail By

The launch of the government’s five-year economic policy contains only broad outlines, leaving some industry leaders frustrated at the lack of detail.

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Burma’s securities commission will not allow foreigners to buy shares on the Yangon Stock Exchange this year, says the deputy minister of planning and finance.

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Union parliamentarians push the government to reform the tax system, so as to plug shortfalls and allocate the tax burden more fairly.

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The Irrawaddy’s Kyaw Hsu Mon speaks with Deputy Minister Maung Maung Win about the Ministry of National Planning and Finance’s challenges and responsibilities.

Trade Troubles on the Chinese Border By

Due to heavy rains in Shan State and increased scrutiny from Chinese officials, Burmese traders are unable to offload their goods in China, sources say.

Lawmaker and Real Estate Developer Condemns Suspended High-Rise Construction By

A Lower House MP behind a Rangoon high-rise project has criticized the division’s chief minister for a decision to suspend the construction of more than 200 buildings.

Ooredoo Lucky Draw Draws Fire From Users By

A reportedly defective ‘lucky draw’ from the Qatar-based mobile network provider is met with social media fury and a government suspension order.

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The National League for Democracy government will announce its long-awaited economic policy through state-run media on July 29.

Lawmaker Proposes Secretariat Be Returned to the Public By

A Rangoon lawmaker will submit a proposal that would return the city’s historical Secretariat building—which was leased to a private company—to the public.

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Thai investment in energy, satellite-based air traffic control, arrival of a Japanese ramen chain, Rangoon power plant overhaul, and rising Telenor profits.

Securities Commission Issued Warning Against Illegal Share Sales By

The Securities and Exchange Commission of Myanmar warns it will take action against public companies that sell shares without its approval.

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At an economic forum, participants express disappointment at sluggish growth but stress Burma’s potential, despite the lack of clear government policy.

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Property developers aggrieved at government orders to modify their construction projects are submitting a letter to the State Counselor and the President.

Grapes, Picked by Hand By

The Irrawaddy visits a vineyard in Mandalay Division where people line up with bamboo baskets, handpick grapes and post selfies among the grape vines.

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The Irrawaddy speaks with Khine Win from the Sandhi Governance Institute and political columnist Ko Ye Naing Moe about the new government’s 100-day plan.

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MFI harnesses cryptocurrency concept; China reportedly wins road tenders; Offshore infrastructure dilemma; Pun and Mitsubishi move forward with development project; New Bangkok-Mandalay flight opens

Traders Call on Govt to Support Jade Market By

Jade traders in Mandalay collect signatures to accompany a proposal requesting government support for an improved jade market.

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Burma’s Central Bank encourages patrons to lodge complaints if they have been turned away for trying to exchange US dollars that are not in mint condition.

Apartment Sales Slump Following Construction Crackdown By

The market for high-rise apartments in Rangoon slumps after the divisional government suspends construction on new buildings, industry sources said.

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