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    Tagged: gdp

    Business Economy Lead Story News

    Economic growth falling short of targets

    Burma has fallen short of its projected economic growth rates for the past two fiscal years, Minister for National Planning and Finance Kyaw Win acknowledged during a joint session of Parliament on Monday.

    Business Lead Story News

    Govt’s economic policies failing to win investor confidence

    Burma’s short-term business confidence dropped to 49 percent in 2017 from 73 percent a year ago, according to a survey.

    ASEAN Lead Story News

    ASEAN economic bloc marks first anniversary

    Similar to the establishment of the EU, the AEC also seeks to create free mobility of goods, services, investment, capital and skilled labour.

    More

    Lead Story News Politics

    INTERVIEW: Burma to push for rural development, equality, says minister-elect

    Burma’s first freely elected cabinet in more than half a century will focus on income equality, rural development and boosting budget revenue, the finance minister-elect said in his first interview since being picked for the job.

    Analysis Development Lead Story Politics

    Betrayed by statistics: GDP ‘growth’ leaves Burmese no richer

    GDP statistics are being tweaked to present a rosy picture of Burma, which remains the third most corrupted country among all Asia Pacific nations.

    Lead Story Military News

    Burma among world’s highest spenders on military

    Burma is one of 20 countries whose military expenditure is more than four percent of its GDP, according to a Swedish think tank.

    Business Lead Story News

    Burma posts record year for foreign investment

    Burma attracted US$8.01 billion in foreign direct investment in the last fiscal year, with oil and gas the leading sector.

    Business Weekly Economy Labour Issues Lead Story News

    Business weekly 28 March

    ADB predicts 8.3% growth in Burma for 2015; Burma energy drink firm signs Liverpool FC; Chevron inks oil deal; and problems for the shrimp industry.

    Business Lead Story News Parliament

    Salary increases confirmed for civil servants, govt heads

    Burma’s Finance Minister Win Shein confirms a plan to increase the salaries of government workers from April this year.

    Business Economy Lead Story News

    ADB predicts 8.3% growth in Burma for 2015

    Asian Development Bank says economic growth in Burma will surge by over eight percent for the next two years and urged the govt to press on with reforms.

    Business Weekly Lead Story News

    BUSINESS WEEKLY 10 OCTOBER 2014

    World Bank to loan US$100 million for Irrawaddy River basin; Burma, Israel sign bilateral trade agreement; Tourists from 67 countries now eligible for E-visas; Thai energy giant fires up coal power plant project

    Development Lead Story News

    Burma’s growth rate set to hit 8.5 percent: World Bank

    The World Bank estimates Burma’s economic growth rate at 8.5 percent for 2014 and 2015, a figure higher than any other nation it surveyed, including China.

    Business Business Weekly Lead Story News

    BURMA BUSINESS WEEKLY: 12 September 2014

    ADB predicts 9.5% growth by 2030; South Korea to sponsor US$20m development institute in Burma; MSF Holland signs MoU on disease control; Indonesian firm WIKA to build $125 million tower in Burma;

    Business Lead Story News

    IMF: Burma’s economy is growing fast, but fiscal risks abound

    Burma can expect continued strong economic growth over the next fiscal year, the International Monetary Fund (IMF) said.

    Business Lead Story News

    Infrastructure, skilled workforce are keys to Burmese economic growth

    Despite an influx of foreign investment and large resource base, Burma’s exponential growth could be held back by inadequate basic infrastructure and a lack of skilled workers, says an international business analyst.

    Lead Story News Politics

    Burma doubles tax target

    The Ministry of Finance will attempt to raise nearly five trillion kyat (US$5 billion) in taxes in the 2014-15 financial year.

    Business News

    Budget revamp targets health, military

    Education and health sectors could see dramatic increase in spending but additional money also proposed for Burma’s military

    Business News Uncategorized

    Low-income workers to receive pay hike

    Jan 5, 2010 (DVB), Low-earning public service personnel in Burma are to receive a pay hike that could in some cases more than double their salary, according to government officials[…]

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