Indian Prime Minister Manmohan Singh, left, meets Burmese President Thein Sein in Naypyidaw during a state visit in late May that focused heavily on trade and investment. (Photo: The Irrawaddy)
While many companies in Western countries continue to ponder the potential problems of investing in a country...
By WILLIAM BOOT / THE IRRAWADDY|
Foreign investors are to be lured with a five-year tax holiday and be permitted 100 percent ownership of firms registered in Burma.
Foreign businesses will also be allowed for the first time to lease privately owned land.
The incentives are part of the government’s...
YANGON AND KAREN STATE, MYANMAR — Forget the abusive generals and the freedom fighters. Myanmar’s new power struggle pits the frustrated masses against their nation’s lousy electrical grid. Myanmar’s government is attempting a light-speed transition from paranoid dictatorship to free-market...
by-Simon-Roughneen/The Irrawaddy
A boy exercises on a beach outside Pyar Pon Township as ships involved in the construction of a Yadana underwater gas pipeline project are moored in the background, May 2010. (PHOTO: Reuters)
RANGOON—With Western sanctions suspended or removed in response to recent...
by- MAY LAY / THE IRRAWADDY
Map showing the route to be followed by the China-Burma oil and gas pipelines. (Photo: Shwe Gas Movement)
KYAUKPYU, Arakan State — Located on the coast of Arakan State in western Burma, Kyaukpyu is fast becoming a major gateway for the country’s offshore resources. And...
A view of oil wells in Burma's village of Chauk, home to one of the longest producing oil fields in the world on 1 April 2012. (Reuters)
Burma has signed a raft of oil exploration deals with foreign companies, state media reported on Wednesday, as the reformist government seeks overseas investment...
Myanmar has signed a raft of oil exploration deals with foreign companies, state media reported Wednesday, as the reformist government seeks overseas investment to spur economic development.
State-owned Myanma Oil and Gas Enterprise has inked nine agreements since early March to allow firms from Asia...
YANGON, June 20 | Wed Jun 20, 2012 6:25pm IST
A map showing oil and gas blocks in Burma. (Source: Burma's Ministry of Energy)
(Reuters) – Myanmar will offer up to 18 onshore oil and gas blocks in a global tender to be launched later this year, opening up a potential flood of new investment...
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Daw Hla Aye (front) from Si Maw village in Kyaukpyu township, Rakhine State, next to a natural gas pipeline that bisects her farmland. Pic: Juliet Shwe Gaung
FARMERS in Rakhine State’s Kyaukpyu township who own land near a China-backed natural gas pipeline say the construction of the project has damaged...
