Written by Published in Economy

The United Nations hopes to encourage at least 1,000 local companies and organizations to become part of the UN Global Compact Network before the end of 2014, according to the network’s local chairperson Dr Aung Tun Thet.

Written by Published in Economy
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Saudi Arabia unlikely to shore up oil prices by cutting oil output. Al-Basra oil terminal in the waters of the Northern Arabian Gulf close to the port town of Umm Quasar in Basra, southern Iraq, September 21, 2014. Photo: EPA

Singapore (AFP) - Oil prices were mixed in Asia on November 19 as dealers predicted that leading producer Saudi Arabia will resist pressure from other OPEC members to cut output in a bid to prop up falling prices.

Written by Published in Economy

The United States detailed a labour initiative Friday that could boost Myanmar’s efforts to be reinstated to a preferential trade agreement after being ousted over two decades ago.

Written by Published in Economy
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Carrying out an effective survey into Myanmar business practices has proved slow. Myanmar Center for Responsible Business programme and outreach manager Ma Hnin Wut Yee. Photo: Institute for Human Rights and Business/Youtube

The survey period promoting “Just Business” to business enterprises in ASEAN will be extended by one month to include a larger number of respondents from local and foreign companies based in the country, the Yangon-based Myanmar Center for Responsible Business programme and outreach manager Ma Hnin Wut Yee told Mizzima on November 3.

Written by Published in Economy

A Myanmar minister has expressed his dissatisfaction with a World Bank report that continues to rank the country as a poor place to do business.

Written by Published in Economy

The European Union-funded SMART project for the garment sector launched corporate responsibility tools at a press conference and panel discussion at the Sule Shangri-La Hotel in Yangon on October 30.

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