Myanmar Business News

Singapore — A Singaporean marine engineering company has signed a multimillion dollar contract with a Myanmar firm, and will lay gas pipelines off the shores of the military-ruled nation next year. Singapore-based firm Swiber Holdings will construct 150 kilometres of...

Visas are more difficult to get, writes Barun Roy. T o many like me, the fall of the Berlin Wall in 1989 appeared to usher in a new world order, and when the Soviet Union finally collapsed two years later...

State agency lost a large sum from amended deal, TOT officials tell court Senior officials of state-owned TOT Plc yesterday told judges in the Supreme Court yesterday TOT had suffered a significant revenue loss due to a concession contract change...

DSI chief Exim Bank and TAC chiefs also tell court about controversial state deals while Thaksin was prime minister Ousted premier Thaksin Shinawatra and his ex-wife set up layers of "paper" companies to hide the true ownership of their assets,...

Yangon – Myanmar attracted 62 million U.S. dollars in foreign investment in the first eight months of this year, the local Weekly Eleven News reported Monday. The investments came from Thailand with 15 million dollars in hotels and tourism, the...

Rangoon — The value of the Burmese national currency, kyat, has suddenly appreciated as millions of US dollars flow into the local market in earnings from the opium and amphetamine trade at the Sino-Burmese border. That’s the opinion of several...

The Myanmar Ministry of Hotels and Tourism have advised the tourists to avoid exposure to sun, especially at noon, and swimming, saying that three travelers from Spain, Germany and Switzerland died of heat during their trip to the ancient city...

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Imports of sensitive items constituted 2.7 percent and 4.5 percent of the gross imports in the period under review and the like five months last fiscal respectively, said an official statement. Automobile, alcoholic beverage and cotton and silk imports declined...

The decision was taken at a meeting of the Cabinet Committee on Economic Affairs presided over by Prime Minister Manmohan Singh...India, both state-owned firms under the administrative control of India's petroleum and natural gas ministry.