The Myanmar Times
Thursday, 27 November 2014
The Myanmar Times
The Myanmar Times

Gold prices start year off with a bust

The continued devaluation of gold abroad has led to a 14.73 percent drop on the local markets over the past year, shop owners said.

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The Fine Print: Legal & tax insight

Our resident legal and finance experts take a look back at 2013: a year which heralded marked improvements in Myanmar's regulatory framework for foreign investment.

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Trade volumes likely to fall short of $25b goal

Myanmar has only managed to meet 63 percent of its annual bilateral trade target of $25 billion through the first months of the 2013-14 fiscal year, drawing doubts for the first time whether the figure can be met, officials said.

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Insein alternative to downtown property market

The residential property market in outlying Yangon townships Insein and Shwe Pyithar is often overlooked but offers more spacious and affordable housing than downtown condos, real estate experts said.

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Cars sit idle with import market changes afoot

AN expected drop in import costs set for January has left thousands of imported vehicles sitting in containers at Yangon Port as dealers fear that bringing them into the market now could result in losses.

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Office space at a premium as rentals soar

Office space rental prices have surged as high as 1000 percent in some Yangon townships, fuelling demand for office space alternatives in the commercial capital.

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Energy Giant Total likely to explore new blocks

 French energy giant Total would consider developing new offshore blocks as economic reform continues to take hold in the country, an executive from the firm said.

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BMW to drive ASEAN summit

BMW is to provide vehicles for ground transportation for the 2014 ASEAN summit, a local representative announced last week.

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ADB to loan US$60million for electricity

Nearly one-fifth of electrical power is lost before it reaches consumers because of ageing infrastructure, said the Asian Development Bank.

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The Fine Print: Legal & Tax insight

Our resident legal experts on Myanmar’s 1899 Stamp Act, which is still in force and covers nearly all business dealings.

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