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.
Rangoon real estate prices fall as much as 25 percent, a sign that a larger market correction may be on the horizon.
The Irrawaddy speaks with Chit Khine, chairman of the Eden Group of Companies, about cronies, corruption and Burma’s economic prospects.
Since Burma’s democratic handover of power on April 1, the country has seen a resurgence in the value of the kyat, observers say.
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.
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.
The tycoon talks about expanding his businesses, fostering a younger generation of entrepreneurs and hopes for his removal from the US sanctions list.
After being backed by the military for over two decades, Union of Myanmar Economic Holdings Limited (UMEHL) has been turned into a public company.
Burma’s economic growth is forecast to recover to 8.4 percent in fiscal year 2016-17, a new report from the Asian Development Bank (ADB) says.
The launch of the Yangon Stock Exchange (YSX) leaves some observers wondering if this could put a dent in the country’s volatile real estate market.
Rangoon’s new chief minister says he will focus on using local and foreign investment to ramp up infrastructure development in Burma’s commercial capital.
Following earlier delays, shares trading at the Yangon Stock Exchange (YSX) kicks off, debuting one week before a new government comes to power in Burma.
Burma’s business community reacts positively as Parliament releases 18 names for cabinet positions in the country’s new government.
According to Burma’s Internal Revenue Department, Kanbawza Bank (KBZ) tops the list of corporate tax payers for 2014-15, along with army-owned companies.
The UK-based GovRisk group has encouraged Burma’s new government to continue the country’s financial intelligence unit in order to clean up financial crime.
With figures topping US$5 billion, a widening trade deficit is likely to greet Burma’s new government on April 1, says the Ministry of Commerce.
Burma’s business sector is still coming to terms with the differences between corporate social responsibility (CSR) and less internationally palatable forms of giving, observers say.
Since Htin Kyaw’s Tuesday morning confirmation as Burma’s next president, observers have been speculating on the political shift’s economic impact.
A military candidate joins two NLD nominees in deliberations next week for the top executive offices in Burma’s new government.
A meeting between the South Korean Daewoo Group of Companies and the Naypyidaw government raises speculation that Korean business in Burma will increase.