The boom in construction has prompted local developers to press for the production of home-grown building materials. They say manufacturing steel and cement here instead of importing them could cut costs and create jobs.
Rising and volatile consumer prices are complicating efforts to establish a minimum wage, a source of tension between garment factories and workers.
Japan’s Resona Bank has signed an agreement with Myanma Apex Bank providing for closer financial cooperation, as Japanese firms look to extend their investments in Myanmar.
The former headquarters of the Myawaddy Bank will be the location of the Yangon Stock Exchange when it opens next year, according to deputy finance minister U Maung Maung Thein.