Business / Trade


The majority of supply chain auditors across Asia have encountered child labour in the last two years, and in only a third of cases could they confirm the children were removed from the factories, a survey has found.

(more…)

People living along the Salween River are calling for a review of plans to build mega-dams on the river ahead of an official visit to Thailand by Burma’s State Counsellor Aung San Suu Kyi this week.

(more…)

Since its suspension five years ago, the $3.6 billion Myitsone hydropower project has come to symbolize the bad old days in Myanmar.

(more…)

Local bankers are concerned as traditional financial services face competition from mobile financial service providers, following the approval of industry regulations by the Central Bank of Myanmar (CBM).

(more…)

On a recent afternoon in May, the farmers of Ohn Titbin Village Tract were tending to their betel nut and rubber plantations when a loud blast erupted at the foot of Kalama Mountain and shook the ground.

(more…)

Members of parliament have called for the cessation of mining projects in Paung Township, Mon State, in proposals submitted to the Pyithu Hluttaw, or national House of Representatives, and the Mon State Hluttaw.

(more…)

The National League for Democracy-led government is moving ahead with a microfinance loan scheme much-criticised by party members when they were opposition lawmakers.

(more…)

Following a meeting in Nay Pyi Taw on June 15, the scandal-hit Myanmar Gems and Jewellery Entrepreneurs Association has launched an internal investigative committee.

(more…)

A month after the Yangon City Development Committee (YCDC) announced the suspension of certain high-rise construction projects across Rangoon, developers have complained that the move is hurting their businesses and workers.

(more…)

Cambodia, Laos, Myanmar, Vietnam and Thailand (CLMVT) should work together to further integrate the financial market the five countries more attractive to foreign investment, the president of Bangkok Bank told a forum yesterday.

(more…)

Myanmar and Germany vowed Friday to cooperate for Myanmar’s economic growth, sources with the President office said.

(more…)

“Our government will not give favour to anyone and there will be no discrimination. We will give all Myanmar nationals equal opportunity.” Union Minister of Planning and Finance Kyaw Win said at a meeting held at Union of Myanmar Federation of Chamber of Commerce and Industry (UMFCCI) on 13 June, the meeting was held for the first time with Myanmar traders and entrepreneurs and it lasted about three hours.

(more…)

Authorities in Mon State for the first time visited a Thai cement factory where a coal power plant was built without informing locals or authorities, said local sources.

(more…)

A decision on the controversial Letpadaung copper mine is out of our hands, the Sagaing Region chief minister insists.

(more…)

The Overseas Private Investment Corporation (OPIC), the U.S. government’s development finance institution, announced June 15 that it has commenced the initial disbursement of a US$250 million loan to Apollo Towers Myanmar Limited, based in Yangon.

(more…)

Foreign investors will be unable to buy shares on the Yangon Stock Exchange (YSX) as long as the Myanmar Companies Act is not amended, a senior YSX official said, dispelling rumors that shares trading would open up to foreigners this week.

(more…)

The Asian Development Bank (ADB) will more than double it loans to Burma next year, the bank’s President Takehiko Nakao announced following meetings with Burmese leaders in Naypyidaw on Tuesday.

(more…)

The launch of the Yangon Stock Exchange has prompted a scramble among local firms to get in a position to list. The advantages, such as future access to capital and liquidity for current shareholders, are obvious. The relative success of the first two listings has only buoyed interest.

(more…)

The National League for Democracy (NLD) government pledged to support the private sector to drive Burma’s economy growth and lower the barriers for going into business, said Union Minister for Planning and Finance Kyaw Win on Monday in Rangoon.

(more…)

Recently, the Korea Importers Association (KOIMA) scoped out new suppliers to bolster their imports from Myanmar. A total of 38 South Korean delegates, each representing a company, participated in the Korea-Myanmar Business Forum and Seminar, held last week at the Shangri-La Hotel.

(more…)

Next Page »