Arakan Business Lead Story News
Twelve companies from seven countries have submitted proposals for the development of a Special Economic Zone in Kyaukphyu, western Burma, according to the SEZ selection committee.
The construction companies for a planned special economic zone in Arakan State will be selected through an tender bidding process that will conclude in December.
The master plan for Kyaukphyu Special Economic Zone (SEZ) will be presented to the public next month, Myanmar Business Today have reported. The plan is currently being drafted by Creative Professional Groups, a[…]
Business Lead Story News Politics
An international legal association is calling for a moratorium on expansion work at Burma’s special economic zones (SEZs), a key component of the country’s development agenda.
Analysis Contributor Lead Story News Opinion
In August, Burma’s newly elected government overhauled the senior figures heading the administrative framework for governing Special Economic Zones (SEZs). Union Vice-President Henry Van Thio replaces former president Thein Sein[…]
International investors have been invited by the Myanmar Investment Commission to signal their interest in three of Burma’s upcoming special economic Zones: Thilawa, Dawei and Kyaukphyu. At the 11th ASEAN Summit[…]
Following the approval of the Special Economic Zone (SEZ) Law by Burma’s Parliament on 23 Jan, Maung Aung, advisor to the Trade Minister, said the creation of SEZs should be[…]
The Burmese government announced on Sunday through state-run media that it will invite tender bids for a special economic zone development in Kyaukphyu, western Arakan state.
Business Business Weekly Lead Story News
BUSINESS in BURMA THIS WEEK: Rangoon hotel market looks to continue record growth; Kyaukphyu SEZ master plan near completion; Telenor reaffirms Burma link with executive appointment; and the sale of Thilawa leasehold rights begins.
Business Economy Lead Story News
The Thilawa Special Economic Zone is fast becoming a prime destination for foreign investment, but local people say their concerns aren’t being taken seriously.
Arakan Lead Story Natural Disasters News
A mud volcano in Kyaukphyu Township on the west coast of Burma has erupted, spilling tons of mud across three village tracts and destroying more than 100 acres of paddies fields. No one has been reported injured.
Business Business Weekly Lead Story News
Burma’s currency was stable again this week; the buying rate for Burmese kyat on Friday was 973 to the US dollar. The price of gold rose slightly to 671,300 kyat per tical, up from 669,000 kyat last week. Fuel and rice prices remained steady.
Residents of Kyaukphyu in western Burma are becoming restless as the controversial Shwe Gas and Oil Project nears completion
Economy Interview Lead Story News
Economist Sean Turnell speaks to DVB about the NLD’s recent economic policy statement and other issues related to Burma’s prospects for development.
Environment Farmers Lead Story Natural resources News
The number of quarries in Mon State is quickly increasing and locals say authorities fail to regulate their environmental impact on farmlands.
Business Weekly Lead Story News
China Burma sign US$ 7.5 billion deal; Garuda Airlines and MAI sign code-sharing agreement; Foreign investors invited to consider SEZ projects; Japan, Thailand ‘hesitating’ on Dawei
Business Land Lead Story News Rangoon Trade
Boeing to provide 737s to Air Mandalay; Jalux, Mitsubishi to run Mandalay airport; Amara Bank introduces new scheme after blacklist scare ; Singapore now Burma’s top investor (or is it USA?); Demurrage fees to increase at Burmese ports;
Japanese Foreign Minister Fumio Kishida arrived in Burma on Sunday for two days of talks, where an announcement of further aid is expected to underscore the already strong bilateral relationship.
Business Business Weekly Lead Story News
BUSINESS in BURMA THIS WEEK: Maersk makes Burma a port of call; Timber sales rise as logging ban nears; 24 new hotels given licenses; baker & MKenzie open office in Rangoon; and VP warns Burmese firms against falling under foreign control.
Burma’s Vice-president Nyan Tun has warned domestic companies working in joint ventures with foreign firms in Special Economic Zones (SEZs) not to “fall under foreign control”. According to a report[…]
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BUSINESS in BURMA THIS WEEK: Thein SEin says he aims to increase GDP to 9.1 percent; Telenor and Ooredoo awarded telecoms licences; and World bank pledges $2 billion in development aid.
Business Business Weekly Lead Story News
Ups and downs, comings and goings Burma’s currency strengthened slightly by 1 to 2 kyat against the dollar which was buying 967 kyat on Friday 11 October and selling[…]
Business Business Weekly Lead Story News
This week: Gold price resettles; ‘Made in Burma’ Nissans on the way; Apple launches in Rangoon; Central Bank considers cutting interest rates; and govt invites tender bids for Kyaukphyu economic zone.
