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Business News

President signs key economic, development deals with China

PRESIDENT U Thein Sein oversaw the signing of nine major economic agreements with his Chinese counterpart, Mr Hu Jintao, during his three-day trip last week. (Volume 29, No. 578 - June 6 - 12, 2011)News

Improved power brings better business climate, for most

MORE rain, bigger hydroelectric dams and a new gas pipeline have combined to make Yangon’s electricity supply vastly more reliable than last year. (Volume 29, No. 578 - June 6 - 12, 2011)News

Rubber industry hurt by price fluctuations

UNSTABLE prices are reducing rubber exports this year, even though prices have increased sharply compared with last year, said exporters and producers. (Volume 29, No. 578 - June 6 - 12, 2011)News

Jade merchants urge caution ahead of July emporium

SOME jade traders are warning about unscrupulous Chinese buyers ahead of the next Myanmar Gems Emporium in July. (Volume 29, No. 578 - June 6 - 12, 2011)News

One-stop service for company licensing introduced: official

THE Ministry of National Planning and Economic Development has introduced a one-stop service for granting or updating company registrations, starting from May 18, a government official said last week. (Volume 29, No. 578 - June 6 - 12, 2011)News

On-the-nose zones selling well, say real estate agents

FOUL-SMELLING air and industrial noise hardly sound like a recipe for attracting investment. (Volume 29, No. 578 - June 6 - 12, 2011)News

Construction material prices rise as monsoon approaches

WHOLESALERS say the prices of some locally sourced construction materials are edging upward as the monsoon rains begin to reduce production. (Volume 29, No. 578 - June 6 - 12, 2011)News

Future auctions to be transparent: official

THE government has announced a major change in the way it handles the auctions of its properties, the head of the Ministry of National Planning and Economic Development’s Department of Progress and Appraisal said last week. (Volume 29, No. 578 - June 6 - 12, 2011)News