Burma Thirsts for Bottled Water, But Quality Leaves Bad Taste By

Rising demand for purified drinking water in Burma has led to a proliferation of brands, some of which are unlicensed and lacking hygiene standards.

The Irrawaddy Business Roundup (April 30, 2016) By

Domestic aviation sector “unsustainable,” says report; tripling of exports envisaged; new telecoms operator coming together; Telenor sees steady growth; and Americans eye Burmese coffee.


Dozens of workers from a plywood factory in Sagaing Industrial Zone march to Naypyidaw to protest for labor rights, after a dispute over working hours.


Rangoon’s iconic colonial-era hotel closes for six months on May 1 to undergo extensive renovations, the first in more than 20 years.


In a surprise move, the chairman of the Securities and Exchange Commission submitted a letter of resignation on Thursday to step down from his current post.


Myanmar Thilawa Special Economic Holdings will become the second firm to list on the Yangon Stock Exchange, but its initial offering price remains undisclosed.

Burma’s Serge Pun Says He Takes ‘Red Tape Road’ to Profit By

The Burmese magnate Serge Pun says “delay” is the price paid for trying to do business ethically in Burma, long identified as corrupt and opaque.


Thousands of outstanding reports of farmland seizure from the previous parliamentary body are slated to be investigated by the current legislature.

Rangoon Firms Seek Fixes to Familiar Woes in Chief Minister Meet-Up By

Rangoon businesses press the division’s new Chief Minister Phyo Min Thein to deal with squatters, and the city’s notoriously unreliable water and electricity supplies.


Firms urged to review corruption policies; Chevron seeks to offload assets; new investment rules viewed as agriculturally favorable; and Burma declared Asia’s ‘fastest growing economy.’


The mobile application, which has an estimated 18 million users in Burma, will now feature end-to-end encryption of all communications.


Dawei oil refinery inked; Australian miner optimistic on Karenni venture; garment sector exports could hit $12 billion by 2020; and abuses reported at Korean factories.

Kyat Value Grows in Wake of Govt Power Transfer By

Since Burma’s democratic handover of power on April 1, the country has seen a resurgence in the value of the kyat, observers say.


A public-private coalition launches a national road safety campaign in Burma, hoping to decrease accidents on some of Southeast Asia’s most dangerous roads.


About a half-dozen additional companies could potentially list this year on the Yangon Stock Exchange, a bourse that opened with just one firm’s shares available.

Central Bank Looks to Mobile Banking to Ramp Up Financial Inclusion By

In a move to reach more customers, the Central Bank of Myanmar has revealed rules to create an efficient climate of regulated mobile financial services.

Businessmen Want $250,000 Back for Tollgate Bids By

Local businessmen in Irrawaddy Division want more than $250,000 reimbursed to them, money that was spent on bids for tollgates recently shuttered by the government.

Rush Before Power Transfer Pushes Burma FDI to Record $9b By

Foreign investment in the last fiscal year grew to nearly US$9 billion after a rush of last-minute approvals before the power transfer to the NLD.

The Irrawaddy Business Roundup (April 2, 2016) By

Raft of 11th-hour investment approved; Mandalay power deal sealed; ex-American diplomat pushes sanctions lift; new player in mobile payments; and a Japanese mall-builder eyes Burma.


The tycoon talks about expanding his businesses, fostering a younger generation of entrepreneurs and hopes for his removal from the US sanctions list.

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