Quarterly Business Magazine

In Focus

Top Copper Miner Raises Debt After Saying It Wouldn’t

The world’s largest copper miner is selling bonds, taking out loans and selling non-structural assets to secure funding for its multibillion-dollar upgrade projects only four months after saying it didn’t need to raise money this year or next. Codelco agreed to borrow $300 million and sold two...

Italy’s Woes See Economy Fail to Record Any Growth Yet Again

Italy’s economic woes were highlighted once again as new figures showed the nation failed to record any growth for a fourth time in five quarters. The economy stagnated in the three months through June, slowing from growth of just 0.1% in the first quarter, the country’s statistics office in Rome...

Amazon Prime Day 2019 Opens Doors for Stolen Packages From Stoops

Amazon’s Prime Day gives shoppers an opportunity to flex their deal-spotting muscles ahead of Black Friday . It also gives package thieves their own chance to warm up. Although the weeks between Thanksgiving and Christmas see far more parcel deliveries—and therefore, more brazen from-the-stoop...

Gold Gets Fed Boost After Powell Flags Rate Cut Amid Global Risk

Gold rose for a third day after the Federal Reserve indicated that it’s preparing to cut interest rates for the first time in a decade as the global economy slows. Bullion is trading above $1,400 an ounce again as investors take note of the Fed’s dovishness , damping doubts over monetary policy...

How Elections Will Shape Foreign Investment in Myanmar

Global investors cautiously monitoring the Myanmar market to determine the scope of their potential investments may be reaching a decision point due to recent political developments. For some, particularly from the U.S., the conduct and outcome of the election will be a key milestone in gauging the...

The Future of Banking in Myanmar: Online Banking and the Challenges that Lie Ahead

The Future of Banking in Myanmar Online Banking and the Challenges that lie Ahead Since the economic reforms commenced by the current government after the 2010 election, the banking industry has been in the forefront of the sweeping changes in Myanmar. In the public sector, the past year has...

RUMFCCI Securing the Future for Private Enterprises

RUMFCCI Securing the Future for Private Enterprises The Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry (RUMFCCI) traces its origins back to 1919 as the Burmese Chamber of Commerce. The Federation today is the largest non-profit, non-governmental organization...

Features Economics, Liveability and Urban Heritage Conservation in Yangon

Features Economics, Liveability and Urban Heritage Conservation in Yangon Author: Rupert Mann Yangon is a city unique in Southeast Asia. While other cities in the region lost their historic characters during the first waves of international modernism in the 60s, 70s and 80s, Yangon was spared...

Myanmar's budget targets infrastructure and education

Myanmar’s budget targets infrastructure and education A new budget signaled major funding boosts in Myanmar for the power and education sectors, both of which have been identified as structural weaknesses in the economy. The Ministry of Electrical Power was a key recipient under the MMK20trn ($18...

Myanmar's Energy Sector

Myanmar’s Energy Sector Author: Erin Murphy Rich with oil and gas, geothermal, and renewable energy sources, Myanmar’s energy sector has incredible potential that will not only benefit investors, but the Myanmar people as well. Since 2011, offshore and onshore oil and gas blocks have been awarded...

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