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Myanmar: Asia’s next ‘tiger’?

Reposted from East Asia Forum By Sean Turnell The Asian Development Bank recently stated that Myanmar could soon become ‘one of the rising stars in Asia’. This assessment, contained in a report on the...

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Myanmar’s Opposition Leader Urges End to Sanctions

Reposted from The New York Times WASHINGTON — Myanmar’s opposition leader, Daw Aung San Suu Kyi, called for the lifting of American sanctions against her country on Tuesday, beginning an emotional...

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US likely to lift more sanctions from Burma

Reposted from WAtoday By Mark Landler WASHINGTON: The US may further ease sanctions on Burma, following the wishes of the opposition leader Aung San Suu Kyi, who was visiting Washington to receive the...

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House OKs bill to ease Myanmar aid restriction

Reposted from World News Report WASHINGTON (AP) – The House of Representatives has backed legislation that eases another restriction on the U.S. providing aid to Myanmar. The bill,which still has to...

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SMEs urged to enter Myanmar market

Reposted from The Star Online By SHARIDAN M. ALI PETALING JAYA: Small and medium size enterprises (SMEs) should take the opportunity to enter the Myanmar market as there is little competition from...

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Blacklisted Myanmar tycoon seeks salvation in Singapore

Reposted from Reuters By Jason Szep (Reuters) – As Myanmar implements reforms and foreign investors jet in, most find precious few ways to make money. There is no stock market. A new foreign investment...

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India calls for immediate phasing out of sanctions against Myanmar

Reposted from The Economic Times UNITED NATIONS: India has called for immediate phasing out of unilateral sanctions against Myanmar, emphasising that the international community should extend all...

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Myanmar gets its first investment bank

Reposted from Bloomberg By Erika Kinetz YANGON, Myanmar (AP) — Alisher Ali knew on the morning of his second day in Myanmar that the long-closed country was a risk worth taking. Less than two months...

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Myanmar’s natural resources

Reposted from Energy Global The levels of industrial growth expected in Myanmar could potentially benefit every layer of society promoting employment opportunities and economic development, but this...

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U.S. gives financial nod to Myanmar

Reposted from iStockAnalyst WASHINGTON, Oct. 19 (UPI) — The U.S. government said it extended certain financial considerations to Myanmar in recognition for its ongoing political reforms. The U.S. State...

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Most Myanmar banks permitted to do business with US firms, bankers say

Reposted from Eleven Myanmar Except for the three banks still on the United States’ blacklist, all banks in Myanmar with permission to conduct international banking can make transactions with US...

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Home truths about those Sanctions

Reposted from Mizzima News By Derek Tonkin In her article, ‘Advocacy groups urge EU to maintain sanctions’, Rosie Gogan-Keogh suggested that this activist cabal might be seeking a delay in lifting the...

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EU poised to ease Syria and Myanmar sanctions

Reposted from EuropeanVoice.com By Andrew Gardner Foreign ministers will also discuss Mali and the Eastern partnership. The European Union’s foreign ministers will next week (22-23 April) end most...

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Myanmar anticipates total lift of EU sanctions

Reposted from Global Times Foreign ministers of the European Union (EU) are due to meet in Luxembourg on Monday to make a decision to withdraw all sanctions against Myanmar, exactly a year after the...

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Fashion industry going strong

Reposted from Myanmar Business Network Undaunted by the former sanctions regime, Myanmar’s home-grown garment industry is thriving, industry experts say. They attribute the success to the industry’s...

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Myanmar Sanctions Won’t Be Extended, McConnell Says

Reposted from Bloomberg By James Rowley & Daniel Ten Kate U.S. Senate Minority Leader Mitch McConnell, the congressional sponsor of economic sanctions against Myanmar, said he won’t seek their...

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Brand Myanmar grabs the global spotlight

Reposted from Myanmar Times By Myat May Zin Western garment and footwear brands are conducting due diligence on individual Myanmar factories, the industry as a whole and the government’s political and...

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GE Executive Says U.S. Companies Playing Catch-Up in Myanmar

Reposted from The Wall Street Journal By Duncan Mavin NAYPYITAW, Myanmar — U.S. companies are playing catch-up to their global rivals in Myanmar, where many of the Southeast Asian nation’s former...

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Remittances from Cubans abroad drive the island’s economy

Reposted from The Miami Herald By Juan Carlos Chavez Cash remittances to Cuba in 2012 surpassed all revenue coming from the main components of the Cuban economy while becoming the largest element of...

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Decades-old bets in Myanmar’s tech industry finally reap rewards

Reposted from Myanmar Business Network It may have taken almost two decades, but Tun Thura Thet’s investment in one of Asia’s poorest countries is finally paying off. “I’ve been waiting here for 17...

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