Written by Published in Economy
SEA-FOOD-FACTORY-IN-PATTANI
Workers process fish at Chaicharoen Marine factory producing seafood in Pattani province, Thailand, August 17, 2006. Photo: Narong Sangnak/EPA

A labour dispute involving the dismissal of 100 Myanmar migrant workers from a Thai seafood company has been resolved after they won almost 1 million baht [K31.2 million] for unlawful dismissal on February 10.

Written by Published in Economy
Workers-on-a-PTTEP-oil-and-gas-platform
Photo: PTTEP

Myanmar workers operating on a Thai PTT Exploration and Production oil and gas drilling platform off the coast of Myanmar have so far failed to come to an agreement with the company over a dispute over wages and conditions, according to a spokesman for the workers.

Written by Published in Economy
US fast-food giant Yum Brands has reported a swing into a fourth-quarter loss, saying its recovery in China from a tainted meat scandal was taking longer than it expected. The parent of the soon to arrive in Myanmar; KFC, as well as Pizza Hut and Taco Bell restaurant chains said it had a net loss of US$36 million in the October-December quarter compared with a net income of $321 million a year ago. A KFC restaurant sign in Beijing, China February 3, 2013. Photo: Adian Bradshaw/EPA
US fast-food giant Yum Brands has reported a swing into a fourth-quarter loss, saying its recovery in China from a tainted meat scandal was taking longer than it expected. The parent of the soon to arrive in Myanmar; KFC, as well as Pizza Hut and Taco Bell restaurant chains said it had a net loss of US$36 million in the October-December quarter compared with a net income of $321 million a year ago. A KFC restaurant sign in Beijing, China February 3, 2013. Photo: Adian Bradshaw/EPA

NEW YORK (AFP) - US fast-food giant Yum Brands reported February 4 a swing into a fourth-quarter loss, saying its recovery in China from a tainted meat scandal was taking longer than it expected.

Written by Published in Economy
The Central Bank of Myanmar, located in Yankin Township, Yangon. Photo: Mizzima
The Central Bank of Myanmar, located in Yankin Township, Yangon. Photo: Mizzima

YANGON (AFP) - Myanmar's Central Bank on February 5 defended its first sale of government debt under the reformist regime as "successful", despite selling less than half of the US$50 million offering, as it looks to finance rising state spending.

Written by Published in Economy
Garment-factory-workers-Photo-by-Hong-Sar
 Garment factory workers in Pathein, Ayeyarwady region,Myanmar. Photo: Hong Sar/Mizzima

The Myanmar Garment Manufacturers Association has published the country’s first ever Code of Conduct, in a move that aims to set out responsible and ethical business practices for its growing apparel industry, reports Just Style magazine on February 2.

Written by Published in Economy
Photo: President's Office
President U Thein Sein meets with Singapore Emeritus Senior Minister Goh Chok Tong in Nay Pyi Taw on February 3, 2015. Photo: President's Office

A two-day Singapore government visit to Myanmar has resulted in a drive to increase economic ties and cooperate in the field of banking and finance, according to a report by Channel News Asia on February 3.