Govt and army facilities 'fail to pay electric bills'; Rainy season rebranded; Foreigner law hurts property sector; Burma coffee tastes success.
Internet TV service iflix expands to Burma, garment industry sees revenue boost, and government plans to curb excessive imports.
A survey of 98 companies looks into human rights-related practices in three industries: agricultural products, apparel, and extractives.
World Bank helps with audit of state-owned banks, Coffee Genius launches Shan State plantation tours and cruise specialist expands to Burma.
Lack of clarity in Burma’s laws and poor infrastructure are affecting investors’ confidence, say local and international business leaders.
Western oil producers likely to divest from Asia; Wa tin exports down; new committee assigned to Dawei SEZ; Inle Lake Resort earns sustainability certificate.
Beer, chili, and heavy machinery: Kirin plans purchase of Mandalay beer, Arakan State sends chili to Sri Lanka, and Kubota opens a facility in Thilawa.
Myanmar Business Survey published, Diebold Nixdorf opens in Rangoon, Burma and Thailand sign tourism MoU, SMI to distribute Shiseido cosmetics.
‘We expect that more outside investors will come once these rules are approved,’ says an official in the government’s investment directorate.
IMF reports economic slowdown, Lashio zinc refinery moves forward, ADB helps boost infrastructure, and concern over foreign worker laws.
World Bank says overall outlook is positive, but barriers and risks to growth remain.
US financial services company Visa and local Burmese bank KBZ will issue ‘classic’ and ‘platinum’ credit cards starting from Jan. 25.
Thailand will send a trade mission; new flights will connect Burma and Nepal; Singaporean company will build a new power plant near Mandalay.
In a new draft, the National Planning and Finance Ministry modifies information considered out-of-date and adds relevant details for investors.
A boost for internet connectivity, a bus assembly plant to start operations, and Yoma gets approval for a major Rangoon development project.