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Irrawaddy Business Roundup

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Business Roundup
This week, Myanmar moved to join an Indo-Pacific economic pact and approved over US$500 million in investments, including $180 million for what will be Myanmar’s largest mall.

The Irrawaddy Business Roundup

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Business Roundup
This week, Myanmar announced new industrial and economic zones and approved US$1 billion in loans, including $250 million for COVID-19 relief and $747 million for a highway.

Irrawaddy Business Roundup

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Business Roundup
This week, a survey found 36 percent of export companies have no new orders, MIC said 10 more firms will close and trade data showed a US$200 million drop in exports to China.

Irrawaddy Business Roundup

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Business Roundup
This week, garment factories say they have almost no orders from the EU, the government says GDP will grow by 6 percent next year and China okays official rice imports Myanmar.

The Irrawaddy Business Roundup

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Business Roundup
This week, six EU states suspended debt payments from Myanmar while the country resumed rice exports, approved new investments and allocated US$10.6 million in loans.

The Irrawaddy Business Roundup

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Business Roundup
This week, many regions in Myanmar approved new investments, the World Bank released a new GDP projection and local firm Yoma moved to back mobile money company Wave Money.

Irrawaddy Business Roundup

3.9k
Business Roundup
This week, Myanmar officials said foreign investment for 2019-20 is on track and a Korean industrial complex will go ahead as they lifted limits on foreign ownership of banks.

The Irrawaddy Business Roundup

2.4k
Business Roundup
Tourism businesses began to reopen this week, investors backed the industrial and garment sectors and a new survey showed what Myanmar businesses need to survive COVID-19.