Private Gas Stations Open in Burma
News - Business Written by The Irrawaddy Thursday, 10 June 2010 22:43

Thursday was an historic day for Burma's energy industry, as privately owned gas stations opened for business for the first time in nearly half a century.

 
Burma to fix gas prices
News - Business Written by DVB Wednesday, 09 June 2010 23:45

Some 250 privatised petrol stations will open across Burma tomorrow with an apparent fix on prices at 2,500 kyat ($US2.5) per gallon.

 
Sim-card sales drop almost 50pc
News - Business Written by Mizzima News Tuesday, 08 June 2010 23:44
New Delhi (Mizzima) – Sales of single-use prepaid Sim cards have plunged around 50 per cent, a result Rangoon retailers are blaming on a law – introduced since water-festival blasts in April were allegedly triggered by mobile phones – that requires prospective buyers to present copies of their national identification cards.
 
China begins on trans-Burma pipeline
News - Business Written by DVB Friday, 04 June 2010 18:20

Shortly after China’s premier Wen Jiabao left Burma yesterday evening having signed a raft of agreements, work officially began on the 800-kilometer dual pipeline that will run from Burma’s west coast to Kunming, the capital of China’s southwestern Yunnan province.

 
China and Burma sign 15 trade deals
News - Business Written by DVB Friday, 04 June 2010 18:20

The Chinese premier signed major deals and discussed the thorny issue of border stability with neighbouring Burma’s junta chief on Thursday during a visit to the military-ruled country.

 
National Library Goes in Regime's Latest Property Sale
News - Business Written by The Irrawaddy Friday, 04 June 2010 18:19

Burma's National Library and a TV studio complex are among five state-owned buildings sold to private investors, according to informed sources in Rangoon.

 
Envoy: Chinese firms can do more in Myanmar
News - Business Written by People's Daily Online Wednesday, 02 June 2010 16:33
Chinese investors can do more in Myanmar to match their country's economic clout, Myanmar's top envoy in Beijing has said.
 
N Korea ‘masking’ Burma weapons trade
News - Business Written by DVB Tuesday, 01 June 2010 04:26

North Korea has been using various “front companies, middlemen and other ruses” to sell nuclear and missile technology to so-called rogue states, including Burma, the UN has said.

 
Four Businessmen Granted Private Bank License
News - Business Written by The Irrawaddy Tuesday, 01 June 2010 04:26

The Burmese junta has granted licenses to establish private banks to four businessmen who are close to the ruling generals, according to sources in Rangoon.

 
Tay Za's Air Bagan Gets a Rival
News - Business Written by The Irrawaddy Tuesday, 01 June 2010 04:26

Burmese businessman Aung Ko Win, owner of the Kanbawza Bank, has formed a domestic airline that is expected to compete directly with Tay Za's Air Bagan, according to the Rangoon weekly Myanmar Post.

 
Australia-Burma trade ‘up 160 percent’
News - Business Written by DVB Wednesday, 07 April 2010 18:24

Trade between Australia and Burma has soared more than three-fold in the past year as Canberra continues to resist calls for targeted trade sanctions against the ruling junta.

 
Junta cronies get nod to run banks
News - Business Written by Mizzima News Friday, 02 April 2010 18:19
Chiang Mai (Mizzima) – Burma’s ruling military junta has given the go-ahead for four of its cronies to open banks, amid fears among bankers that already existing competition will intensify and have a negative impact on them, a banker said.
 
Cement prices soar
News - Business Written by Salai Han Thar San/Mizzima News Wednesday, 10 February 2010 21:44
A spurt in demand for cement has sent prices soaring by over Kyat 1,000 in the past week, according to construction material suppliers in Rangoon ...
 
Burma’s national airline sold to private bank
News - Business Written by Min Thet/Mizzima News Thursday, 04 February 2010 19:35
Myanmar Airways, Burma’s national carrier has sold 80 per cent of its shares to the privately held Kanbawza (KBZ) bank along with control of the management, sources and media reports said...
 
S. Korea Seeks Investment in Myanmar Fishery Sector
News - Business Written by Xinhua Tuesday, 02 February 2010 23:58
A South Korean company based in Seoul is seeking investment in Myanmar's fishery sector, planning to set up a joint venture company with local fishery entrepreneurs, sources with the Myanmar ...
 
Myanmar Expands International Rice Market
News - Business Written by Bernama Thursday, 28 January 2010 20:58
Myanmar has been expanding its rice market to more countries by exporting its agricultual crop to Russia, Ukraine, Australia and South Korea in the first nine months of the 2009-2010 fiscal year ...
 
Burmese Tycoon Takes Over Fuel Imports and Sales
News - Business Written by THE IRRAWADDY Wednesday, 27 January 2010 20:11
Burmese business tycoon Tay Za, a close associate of the junta generals, has reportedly co-founded an association to control the importation and sale of gasoline and diesel fuel...
 
Kyat Falls on Talk of Trade Liberalization
News - Business Written by THE IRRAWADDY Thursday, 21 January 2010 23:11
Reports that the Burmese junta is planning to relax restrictions on the import of cars, buses and heavy equipment has created strong demand for US dollars and dollar-denominated foreign exchange certificates ...
 
Gail to buy 4% in Myanmar-China project
News - Business Written by Economic Times Tuesday, 19 January 2010 10:32
State-run gas transportation company Gail India will pick up a 4% stake in the $2-billion Myanmar-China gas pipeline project, company
chairman and managing director BC Tripathi said ...
 
Myanmar, Vietnam to enhance trade, investment to boost economic ties
News - Business Written by BusinessGhana Tuesday, 12 January 2010 21:56
A strong Vietnamese entrepreneurs delegation, made up of 60 members,will visit Myanmar starting Thursday to meet its Myanmar counterparts for discussions on enhancing trade and investment ...
 
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