This week in business; negotiations for a minimum wage begin in Rangoon, Burma looks to wind farms for energy supply, and companies cash in on tourism boom.
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A US business delegation comprising representatives from 15 firms including Chevron, GE and Time Warner met with officials from Burma’s Ministry of National Planning and Economic Development on Thursday with[…]
Burma opened a trade office in Taipei earlier this week, despite the fact it does not have formal diplomatic relations with Taiwan. In a statement by Taiwan’s Ministry of Foreign[…]
Burma’s trade deficit for the financial year 2014-15 totalled US$4.9 billion, according to the Ministry of Commerce. Imports to the country amounted to $16.34 billion while exports totalled $11.45 billion.[…]
Thirty one farms and factories owned by Burma’s Ministry of Livestock Fisheries and Rural Development will soon be operated by foreign and domestic companies under a governmental joint venture plan,[…]
South Korean financial group Shinhan Bank and Burma’s Ministry of Cooperatives agreed a commercial loan of US$85 million on 21 January to develop Burma’s agricultural industry. The loan is for[…]
UNESCO has approved three ancient Pyu cities – Hanlin, Beiktano and Sri Kestra – as World Heritage Sites, the first time any historical monument in Burma has been recognised by the prestigious UN award.
Burma’s Agriculture and Irrigation Deputy Minister Ohn Than said on Thursday that his ministry is devising a plan with the Central Bank to allow farmers to use their paddy fields[…]