Burmese SIM Card Provider Challenges Monopolistic State Interests
By BA KAUNG
A private Burmese company’s proposal to sell cheap SIM cards bumps up against vested state interests with mobile telecommunications ties to business tycoon Tay Za.
Burma Business Wrap (January 23, 2012) By STEPHEN BLOOM / THE IRRAWADDY Last week in Burma, the business spotlight shone directly on the debate about whether US and EU sanctions should be eased or lifted. |
China's Growth Ebbs in Final Quarter of 2011 By JOE McDONALD/ AP BUSINESS WRITER China's economic growth slowed in the final quarter of 2011 to its lowest rate in 2 1/2 years as U.S. and European demand plunged and Beijing fought inflation. |
Asia Stocks Up as Greece Looks Set to Get Bailout By PAMELA SAMPSON / AP BUSINESS WRITER Asian stock markets mostly advanced Tuesday as Europe prepared to make good on its pledge to provide another installment of emergency aid to keep Greece from tumbling into insolvency. |
YouTube Launches Broad Entertainment Venture By THE ASSOCIATED PRESS YouTube is making a bold step into original programming in an entertainment venture with some 100 content creators, from Madonna to The Wall Street Journal. |
China to Allow Trial Use of Local Govt Bonds By ELAINE KURTENBACH / AP WRITER China has given the go-ahead for several local authorities to sell bonds as it moves to bridge financing shortfalls and prevent debt defaults by overextended provincial governments. |
Burmese Firm Gets South Africa Exploration Right By CRAIG MCKUNE / MAIL & GUARDIAN South Africa has handed an offshore petroleum exploration right to a company reportedly tied to the military junta that has ruled Burma brutally for nearly half a century. |
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A Kyat in the Dark |
| By YENI |
| Would floating the Burmese currency help to revive the country’s economy? Some experts say it might help, but it’s only a start. |
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Asia Stocks Drop amid Recession Fears, Debt Crisis |
| By PAMELA SAMPSON/ AP Business Writer |
| Asian stock markets fell Monday as investors worried about Europe's prolonged debt crisis and the possibility of a global recession continued to flee riskier assets. |
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Global Leaders Struggle to Calm Recession Fears |
| By MARTIN CRUTSINGER / AP WRITER |
| The world's major economies are pledging to take strong actions to restore financial stability and calm financial markets that plunged on Thursday over renewed fears that the global economy was headed toward a new recession. |
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Asian Markets Mixed as Worries of Europe Mount |
| By THE ASSOCAITED PRESS |
| Stock markets in Asia were mixed Wednesday, with investment sentiment on the wane amid Europe’s ongoing debt crisis and weaker-than-expected growth in the 17-country euro zone. |
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