The Myanmar Times
Saturday, 28 February 2015
The Myanmar Times
The Myanmar Times

Thilawa land prices still up in air after share sale

Land prices for Thilawa SEZ will be competitive with other countries’ projects in ASEAN, according to SEZ Management Committee Chair U Set Aung.

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Oil firms draw most rights complaints

The oil and gas sector continues to draw the most complaints regarding transparency and human rights practices in Myanmar, according to a survey conducted by business watch groups and released last week.

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Race begins for motorcycle dealers


Mandalay may have once been a city of bicycles, but for its million residents, imported motorcycles are now the ride of choice. Currently dominated by low-cost imports from China but eyed by higher-end firms, it is a market dealers and manufacturers say will only pick up speed.

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Inflation a growing problem, says World Bank

Runaway inflation has seen the rate double in the past year and has a disproportionate effect on the poor, says World Bank.

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Banking system issues deterring border traders

Fundamental problems with Myanmar’s banking system are deterring traders from using banking services in cross-border transactions, casting doubt on official figures for import and export volumes and revenue.

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Long delayed IP law undergoing legal review

A law to regulate intellectual property – covering matters of copyright, design, trademarks and patents – could finally be passed later this year as the latest draft is now undergoing legal review before its submission to parliament.

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Asia’s momentum looks set to continue

Asia is well positioned to capitalise on favourable global trends and enjoy steady growth in 2014–15. With vigilance and further reforms, the region should remain resilient to global risks and continue to be a dynamic force driving the strengthening global recovery, writes Yu Ching Wong.

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Power struggle: supply falls short

Despite ongoing energy projects, the country’s chronic electricity shortage is set to continue says Minister for Electric Power U Khin Maung Soe.

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FDI tops US$4 billion on manufacturing boost

Myanmar received almost US$2 billion in new foreign investment in manufacturing during the 2013-14 financial year – a sector the government has prioritised in an effort to boost job creation.

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Investors champing at the bit as SEZ masterplan underway

Would-be investors in the Kyaukpyu SEZ in Rakhine State are awaiting invitations to tender, but no date has yet been set for the issuance of these as experts work on a master plan for the zone.

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