The Myanmar Times
Friday, 29 August 2014
The Myanmar Times
The Myanmar Times

Campaign aims to snare tax dodgers

Tax dodgers are being warned that authorities will begin a crackdown later this month.

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Competition grounds ANA, Asian Wings deal

A planned partnership between All Nippon Airways and a private Myanmar airline, Asian Wings, has been cancelled because of concerns over the viability of the project, the two sides announced on July 30.

 

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Foreign fuel tender to come in October

Foreign firms will be likely be invited to compete to form a joint venture to distribute fuel in October, said Myanma Petroleum Products Enterprise (MPPE) director U Myint Zaw.

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Trade finance plans stalled

CB Bank is keen to start a program where the Asian Development Bank (ADB) guarantees some of its trade finance lending, but is still waiting for higher-level approval, said CB managing director U Pe Myint.

 

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Eyeing the most popular electronics

Robust quality is crucial for domestic electronic consumers, say shop owners.

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Taking stock of StanChart’s absence

Experts point to trouble in London to explain the bank’s hesitance in Myanmar

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Caution urged over a sovereign wealth fund

Sweeping reforms have increased the opportunity for foreign investors to develop Myanmar’s 11.8 trillion cubic feet of natural gas and 50 million barrels of crude oil, potentially worth more than US$60 billion over the next 30 years. This anticipated influx of investment in the petroleum sector raises concerns that Myanmar should implement resource management strategies to mitigate problems generally associated with the “resource curse”. 

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Exclusive interview: Ooredoo’s Ross Cormack dials in

Ooredoo Myanmar CEO Ross Cormack sat down with The Myanmar Times’ Jeremy Mullins and Aung Shin ahead of the launch to discuss what Ooredoo has done so far and its plans for the future.

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Telecoms in Myanmar: From tender to network launch

The Myanmar Times presents a timeline of the mobile network tender, from its announcement to the launch of Ooredoo's services on August 2.

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Agreements inked for onshore blocks

Myanma Oil and Gas Enterprise (MOGE) signed contracts for four onshore blocks after several months’ delay on July 30, according to a statement from the ministry.

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