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.

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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.

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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.

The Irrawaddy Business Roundup (July 9, 2016) By

Burger King in Burma, Hitachi’s big plans, a fresh round of foreign bank licenses, Telenor Myanmar’s new CEO, and efforts to boost trade with Thailand.

Gold Price Reaches New High By

After hitting a record high last month, gold prices continue to rise to their highest point ever due to increasing global gold prices.

FMI Stock Prices Drop By

The price of First Myanmar Investment shares drops 16 percent in the Yangon Stock Exchange, putting the company’s stock at its lowest value yet.

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As Burma’s new Investment Commission processes a backlog of proposals under the new government, American investment is nowhere to be seen.

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Slowing Chinese demand and attempts by the Burmese government to limit sales of raw jade are cooling the appetites of buyers at the biannual Gems Emporium.

The Irrawaddy Business Roundup (July 2, 2016) By

Money laundering improvements; US eases reporting rules; Construction industry to soar; Bangkok Airways wants more routes; World Bank pushes diverse economy

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After high-level government meetings, the Burmese and Thai governments are pledging to triple trade volume and improve cross-border infrastructure.

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