The Irrawaddy Business Roundup

Central Burma Will Be ‘Revitalized’ by Chinese Economic Corridor Beijing has renewed its enthusiasm for an economic corridor linking India, Bangladesh and Burma with southwest China.

Kyaukphyu special economic zone (SEZ) in Myanmar’s Rakhine State

The development of a special economic zone (SEZ) around Kyaukphyu in Myanmar’s Rakhine State could move closer to reality before the end of the year with the naming of tender winners for the development of factories, new housing and infrastructure.

Myanmar ranks 177th, near bottom of Doing Business report

Myanmar narrowly escaped being named as one of the top 10 most difficult places to do business, coming in 177th spot on the 189-country list released by the World Bank

Freelance journalist dies in Burmese army custody

Journalist Aung Kyaw Naing, also known by the pseudonym Par Gyi, had been arrested while reporting on growing tensions between the regular Burmese army and the Democratic Buddhist Karen Army in southern Mon state.

Concerns Grow Over Severe Slump in Rice Prices

Rice prices and exports have experienced a sharp drop this year as a result of a tightening of import restrictions by China. The slump in rice prices comes ahead of the start of the main rice harvest season and could have a serious impact on the livelihood of Burma’s farmers

Burmese Migrant Workers in Thailand : photo essay

An estimated two million Burmese are working inside Thailand, some documented and others there illegally, escaping decades of war back home. Apart from the lack of job opportunities in their own country, many are escaping extreme poverty. Most are in construction, working up to ten hours a day, seven days a week.

Thailand ranks second largest investor in Myanmar after China

Amid expectation of smooth political transition, several countries have upped their investment in Myanmar to higher stakes. Thailand’s total investment in Myanmar has nearly reached US$10 billion, making the Kingdom the second-largest source of foreign direct investment FDI into the country after China

More foreign companies to invest in Myanmar

According to the Directorate of Investment and Company Administration (DICA), more foreign companies have been allowed to invest in Myanmar.