The outlook for private dailies remains grim in the near-term, observers say, with outlets struggling for relevance against online platforms.

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Analysts Predict FDI Slump During Year of Transition

Burma’s foreign direct investment (FDI) flow is expected to be sluggish this year as the country undergoes a period of political transition, experts say.

The Central Bank of Myanmar announced on Tuesday that 13 foreign banks have applied to operate in Burma in a second round of licensing.

The local outlet sought to clarify a program that aired Sunday which many viewers interpreted as expressing support for suspending the contentious clause.

Ooredoo Receives Multi-Million Dollar Loan from ADB and IFC

The Asian Development Bank (ADB) and International Finance Corporation (IFC) have approved a US$300 million loan for foreign telecom operator Ooredoo.

Kyat Value Looks Poised to Increase, Observers Say

Burma’s currency has seen a turnaround in value since the new Parliament convened on Monday, a trend experts say is set to persist.

Industry Observers Call for Investment Body Shake-Up

Burma’s next government needs to create new policies under reshuffled leadership within the Myanmar Investment Commission, industry observers say.

Two well-known beers, Tiger and ABC Stout, are returning to their mother company after two decades with military-backed Myanmar Brewery.

Local Rice Prices Climb Ahead of Chinese New Year

Due to high demand, traders are selling more Burmese rice on the China border, causing the price of the staple grain to increase at home.

Exchange Commission Mulls More Licenses as YSX Preps for Trade

At least three to four more companies are expected to vie for the newly formed Yangon Stock Exchange (YSX), an industry expert says.

After months of delays, Burma’s fourth telecoms operator will be revealed in February, a ministry official told The Irrawaddy on Monday.

MPT Targets Over 90% 3G Coverage by End February

State-owned Myanma Posts and Telecommunications plans to expand its 3G mobile network to cover 90 percent of Burma’s population by the end of next month.

Burma’s Gasoline Retailers Urged to Cut Prices

With world oil prices sinking, the Myanmar Petroleum Traders Association urges the country’s petroleum retailers to slash prices.

Hopes High for Burma’s Burgeoning Credit Card Industry

With credit card options proliferating in Burma, many of the country’s private banks are hoping to see more buzz in the months ahead.

Singapore Looks to Bring Burma Closer Through Tourism

Given the rising number of Burmese travelers to Singapore, the city-state is looking to tourism to strengthen its relationship with the former pariah state.

Burma’s outgoing Union Parliament approves a new Condominium Law, clarifying some property regulations and making 40 percent of units available for foreign purchase.

In the lead-up to the Nobel-Myanmar Literary Festival in January, The Irrawaddy speaks with cartoonist APK about the evolution of the genre.

Real Estate Market Braces for Possible Tax Hike

Deputy Finance Minister urges Parliament to revise the property tax paid by some buyers, despite criticism within the real estate industry.

SECM Warns Against Illegal Trade as Stock Exchange Readies for Business

The Securities and Exchange Commission of Myanmar (SECM) issues a warning against illegal trading through unofficial channels.

IFC to Provide Loan to Leading Burmese Grocery Chain City Mart

The International Finance Corporation agrees to provide a US$25 million loan to Burma’s largest retail chain to fuel national market growth.

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