As imports soar in Burma’s booming economy, the country’s largest port struggles to keep up.
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Business weekly 6 February
In business this week: plans in place to allow foreigner to buy stocks; Burma considers sales of debt; deprived Chin State targets tourists
MCC Transport launches direct China-Burma logistic service
Intra-Asia carrier MCC Transport, the sister company of prominent shipping firm Maersk Group, has launched direct logistic services between Burma and China. The new IA5 service will reduce transit time from China to Rangoon ports, which previously took 18 days, to just 13 days, eliminating cargo transshipment. The first of eight 1,100 TEU vessels left …
Burma Business Weekly - 21 Feb 2014
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.
Danish freight giant confirms Burma license
International freight and logistics firm Damco says that it will work closely with international NGOs to ensure that human rights concerns are addressed.