Gold Price Highest on Record By

Gold prices reach record highs as the value of the kyat lowers and the price of the US dollar continues to increase, according to industry observers

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A meeting between Burma’s business community and State Counselor Daw Aung San Suu Kyi is postponed following her trip to the United States and reports of fatigue.

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As the US pledges to lift sanctions, The Irrawaddy senior reporter Kyaw Hsu Mon talks to MKT Construction Co. chairman U Myo Mint and economist U Khin Maung Nyo about the impact on Burmese businesses and citizens.

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State Counselor briefs business community; Thai investment; reforms required in banking sector; Shinhan Bank opens branch; IFC doubles investment portfolio

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While some expect rapid growth in Burma’s market for property development, many are still waiting to see results.

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The American Chamber of Commerce Myanmar surveys businesses in order to give annual awards recognizing corporate social responsibility.

Ministry to Restrict New Hotels By

Burma’s Ministry of Hotels and Tourism to impose restrictions on new hotel projects in several major tourist spots including Rangoon.

Microsoft Appoints Country Manager to Burma By

US-based technology giant Microsoft appoints a country manager to Burma this week, the company announced on Tuesday.

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The new Myanmar Investment Law has been submitted to Parliament and is expected to be approved by October.

Burma Conglomerates Ranked for Transparency By

First Myanmar Investment, Serge Pun & Associates, and Max Myanmar rank in the top three, according to a Myanmar Center for Responsible Business survey.

UMFCCI Elects New President, Executive Committee By

Burma’s UMFCCI elects new President and committee members amid high expectations of change from industry observers.

The Irrawaddy Business Roundup (Sept 17) By

US sanctions; UMFCCI elections; Singapore business delegation visits Burma; Jade prospectors in conflict; Yoma signs JCB distribution deal

Dateline Irrawaddy: ‘Our Economy Will Not Pick Up Unless and Until Economic Sanctions are Lifted’ By

As Daw Aung San Suu Kyi visits the US, U Khine Win and Daw Yamin Myat Aye join Irrawaddy Burmese editor Ye Ni to discuss sanctions on Burma.

US Dollar Price Increases Due to Demand from Importers By

Both the Central Bank and black market US dollar exchange rate has increased this week due to high demand from importers.

Industry Leaders Enthused by Reinstatement of US Trade Benefits for Burma By

The planned re-admission of Burma to the Generalized System of Preferences in the United States has prompted joy in business circles.

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As United States President Obama announces the lifting of economic sanctions on Burma, several restrictions concerning the military remain in effect.

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Businesspeople hope State Counselor Daw Aung San Suu Kyi’s trip to the US will result in the lifting of economic restrictions.

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US President Barack Obama will consult with Burma’s Daw Aung San Suu Kyi during her visit on Wednesday on whether to further ease US sanctions.

YCDC Performs Final Check on 55 High-Rise Buildings By

Rangoon’s high-rise review committee approves the design of 43 buildings and recommends changes be made to the plans of 12 projects. 

The Irrawaddy Business Roundup (Sept 10) By

Motorbike loans rev up; Dawei committees revive; China trade picks up; Junction City investment increases; Burmese chefs shine.

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