interiorBanner
Investment & Trade in the News
FacebookTwitterDiggDeliciousStumbleuponGoogle BookmarksRedditLinkedinRSS Feed


(The Guardian) - Burma's investment rush is leaving the poor majority behind

May 13, 2014

"Fewer than 30% of people in Burma have access to electricity, and investment is vital. But the danger is this will come at the expense of the poor." Read more...



(Global Post) - Japanese investments are driving human rights abuses in Myanmar


April 3, 2014

"Developers are building Thilawa on many of the same human rights violations that paved the way for the notorious China-backed Myitsone Dam and Shwe Gas Pipeline. But this time, the international community isn’t protesting as it watches Japanese auto darlings Mitsubishi, Marubeni, and Sumitomo set up camp on the confiscated land of Myanmar families." Read more...



(Irrawaddy) - Dawei Village to Sue Thai Mining Firm Over Environmental Impacts

March 17, 2014


"On Sunday, the villagers said they would now 'seek justice and ask that our rights be respected in a peaceful way by filing a court case to No. (2) Mining Enterprise and Myanmar Pongpipat company Ltd. who are responsible for damages in our village.'” Read more...



(Irrawaddy) - Telcoms Seen Taking Growing Share of Burma’s FDI Pie


March 3, 2014

“I do expect that a full 20 percent of foreign investment will go to the telecoms sector this year, [and] more in the year after. It may become the number one investment in Burma.” Read more...



(Irrawaddy) - US Exim Bank Raises Hopes in Burma With Credit Offer

February 14, 2014

"Foreign investors are considering their options in Burma’s largely untapped consumer market. The country boasts plenty of natural resources, including gas and oil, and a strategic location bordering China and India. However, experts predict that investors will likely remain cautious this year, as the country’s political situation remains far from certain ahead of the 2015 elections.
" Read more...



(DVB) - Telecom investments threaten privacy rights in Burma

February 4, 2014

"The World Bank should be the leader – not the resistance – in designing investments that reflect public priorities and uphold international human rights standards. Burma’s people welcome telecom development, but not at the cost of empowering the government to further violate basic rights." Read more...



(RFA) - World Bank Pledges $2 Billion in Aid to Myanmar

January 27, 2014

"The World Bank has unveiled a new U.S. $2 billion aid deal for Myanmar for electricity and health care projects, saying that spending will be monitored carefully to prevent corruption." Read more...


(Reuters) - US to ease Myanmar sanction, open relations

April 4, 2012

"The United States said on Wednesday it was ready to relax some sanctions on Myanmar to recognize its fledgling democratic transition, including a ban on U.S. companies investing in or offering financial services to the country." Read more...


(Guardian UK) - Barack Obama appoints Derek Mitchell as first US ambassador to Burma

May 17, 2013

"The Obama administration has signalled a warming of relations between the US and Burma with the easing of trade restrictions and the appointment of an ambassador." Read more...


(AFP) - US opens up investment in Myanmar

July 11, 2012

"The United States gave the green light to companies to invest in Myanmar including in oil and gas, in its broadest and most controversial easing yet of sanctions on the former pariah." Read more...


(VOA) - US to Lift Burma Import Ban

September 27, 2012

"U.S. Secretary of State Hillary Clinton says Washington will take steps to lift a ban on imports from Burma in response to continued reforms by the country's military-backed government." Read more...


(Reuters) - Myanmar state media details new foreign investment law

November 3, 2012

"Myanmar's new foreign investment law allows overseas firms to fully own ventures and offers tax breaks and lengthy land leases, state media said on Saturday, releasing details of legislation passed by parliament this week after a long delay." Read more...


(BBC) - US lifts Burma imports ban ahead of Obama visit

November 16, 2012

"The US has lifted a decade-old ban on most imports from Burma, ahead of a historic visit by President Obama." Read more...


(New York Times) - Myanmar and World Bank Sign Deal to Clear Old Debt

January 27, 2013

"The World Bank on Sunday announced a long-awaited deal to allow Myanmar to clear part of its huge decades-old foreign debt, opening the door for lending to jump-start its lagging economy." Read more...


(Reuters) - U.S. gives banking green light to Myanmar tycoons

February 25, 2013

"Two banks owned by tycoons associated with Myanmar's former military regime will start to do business with U.S. companies and investors in the latest reward for the Southeast Asian country's rapid political transformation." Read more...


(Reuters) - Myanmar invites bids for 30 offshore oil, gas blocks

April 11, 2013

"Myanmar said it would open bidding in June for the exploration and development of 11 shallow and 19 deep-sea oil and gas blocks, in only the second bidding round since the easing of U.S. sanctions against the gas-rich country." Read more...


(BBC) - EU lifts sanctions against Burma

April 22, 2013

"The European Union has lifted the last of its trade, economic and individual sanctions against Burma in response to its political reform programme." Read more...


(Reuters) - U.S. could waive duties on imports from Myanmar

April 23, 2013

"The United States is reviewing trade relations with Myanmar in a move that could end import duties on thousands of goods from the Southeast Asian country, which Acting U.S. Trade Representative Demetrios Marantis is due to visit on Wednesday." Read more...


(Reuters) - U.S. lifts more sanctions on Myanmar to support reforms

May 2, 2013

"The United States on Thursday lifted another set of sanctions against Myanmar to support reforms in the formerly army-ruled country, while retaining visa and investment bans against individuals accused of human rights abuses." Read more...


(AFP) - U.S. lifts more sanctions on Myanmar to support reforms

May 21, 2013

"A key US senator on Tuesday backed an end to US sanctions on Myanmar after a landmark visit by the country's reformist leader, signaling a new normalization in relations despite rights concerns." Read more...


(Irrawaddy) - ILO Lifts All Restrictions on Burma

June 19, 2013

"The International Labor Organization (ILO) announced that it will lift its remaining restrictions on Burma, in a move that Burma’s government hopes will boost trade and increase foreign investment as the country’s economy continues to open after decades of isolation." Read more...


(AFP) - Myanmar awards mobile licences to Telenor, Ooredoo

June 27, 2013

"Myanmar on Thursday awarded telecom licences to Norway's Telenor and Qatari firm Ooredoo, the government committee in charge of the bids said, opening up one of the world's last virtually untapped mobile phone markets." Read more...


(U.S. Department of Treasury) - Treasury Designates Burmese LT. General Thein Htay, Chief of Directorate of Defense Industries

July 2, 2013

" The U.S. Department of the Treasury designated Lt. General Thein Htay, the head of Burma's Directorate of Defense Industries (DDI), pursuant to Executive Order (E.O.) 13619, which targets those involved in arms trading between North Korea and Burma." Read more...


(Global Post) - EU formally reopens market to Myanmar

July 18, 2013

"The European Union formally reinstates preferential trade terms for Myanmar on Friday following the country's efforts to improve the political situation as well as its labour and social systems." Read more...


(Irrawaddy) - Trade with Myanmar Key Part of US Pivot to Asia

July 25, 2013

"Is there a pivotal link between the United States’ concerns over China’s assertiveness in the South China Sea and inroads into the Indian Ocean and bids from the US to expand Yangon’s airport and improve the roads between Myanmar’s main commercial city and Mandalay?" Read more...


(Reuters) - U.S. updates Myanmar sanctions to maintain gem import ban

August 7, 2013

" The United States updated sanctions on Myanmar on Wednesday to maintain a ban on importing rubies and jade amid a relaxation of curbs on U.S. trade with the Southeast Asian nation, American officials said." Read more...


(Irrawady) - Major US Companies Slow to Report Burma Investments

September 19, 2013

"More than two months after the United States published the first reports by American companies investing in Burma, big name brands such as Cisco, Coca-Cola, PepsiCo and Visa remain absent from the filings, which are posted on the website of the US Embassy in Burma." Read more...



← Investment & Trade