UWSA tin mine circumvents US sanctions
Wa tin likely ends up in an array of products made by US and other international companies, says a new Reuters report.
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Some US sanctions eased, but most remain in place
The US government has decided to maintain most economic restrictions on Burma in an effort to punish those Washington sees as hampering the country’s newly elected government.
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BUSINESS WEEKLY 14 NOVEMBER 2014
Thein Sein discusses development with Japanese PM Abe; Burma, WHO partner in Measles-Rubella vaccination campaign; TEEMA to invest $456 million in southern Burma; Japan to lend $285 million for development projects
GE to help Burma improve gas power plants.
General Electric International Inc (GE) has signed a memorandum of understanding with the Myanmar Electric Power Enterprise under the Ministry of Electric Power, on the improvement of gas power plants.[…]
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BUSINESS WEEKLY – 24 August 2014
BUSINESS in BURMA THIS WEEK: China aims to legalise Burmese rice imports; Muse SEZ to be completed by 2017; Malaysian firm to supply Komatsu dozers in Hpakant; Telenor promises roll-out in September.
BUSINESS – Korean firm to supply electrical components
South Korean electrical firm LSIS, part of the LS Group conglomerate, has signed a contract to supply high voltage distribution panel boards to Burma’s Asia General Electric (AGE) over the[…]
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Burma Business Weekly
Chin SEZs, Thai banking, Shwedagon tourist boom and flights to the Philippines in this week’s Burma Business Weekly.
BUSINESS – GE to help Burma with energy infrastructure
US-based firm General Electric (GE) will assist Burma in developing an energy infrastructure to address the country’s electricity needs, a Ministry of Electric Power representative said. According to the Myanmar[…]
Obama to visit Burma later this month: official
Newly re-elected US President Barack Obama will visit Rangoon later this month, a Burmese government official said Wednesday, in the latest sign of Washington’s support for reforms in the former pariah state
MPs approve ‘business friendly’ investment bill
Burma’s parliament on Thursday approved a revised, more business-friendly foreign investment bill aimed at boosting the struggling economy as it emerges from decades of junta rule
Obama signs Burma finance bill
President Barack Obama on Friday signed into law a measure making it easier for the United States to back international financial institutions, which support Burma’s reform drive
Thein Sein puts the brakes on investment law
Burma’s president has delayed an eagerly awaited foreign investment bill, an official said Monday, asking for amendments to the law that aims to open up the long-isolated nation to overseas trade
Stuart Dean: ‘We should engage with them and encourage more reforms’
After the US began easing key sanctions against Burma this July, General Electric became the first major American corporation to invest in the country and inked deals to begin supplying[…]
Protests over power cuts spread across country
Mass demonstrations against electrical cuts that began in Mandalay on Sunday are spreading across Burma to Rangoon, Prome and Monywa
