Printers call for access to finance

Cash-starved printers are calling for government support in their efforts to expand their business in what could be profitable times. The chief complaint in the printing world is that they cannot borrow money from banks amid increasing competition from foreign businesses. Fujiyama Press spokesperson U Than Myint said his company lacked large presses, but could […]

U Aung Thaung, Burmese Politician Accused of Abuses, Dies at 74

YANGON, Myanmar — U Aung Thaung, a senior Burmese politician who was implicated in violence against dissidents and accused of personal corruption, died on Thursday in Singapore. He was 74. His death, in a hospital, was caused by complications of a stroke, said U Win Tin, an official in his party and the editor of […]

Singapore’s Fraser & Neave Says in Beer Spat With Myanmar Partner

Singapore property and drinks conglomerate Fraser and Neave said on Thursday its joint venture partner, which is run by Burma’s military, plans to start arbitration proceedings over the company’s stake in Myanmar Brewery. The brewery represents only a small part of F&N’s business but losing its stake would mean being shut out of one of […]