Via The Financial Times, a commentary on Myanmar: After years of international isolation, the government of Myanmar has a golden opportunity to create a fully-inclusive financial system. It should take it. Market forces are already at work in the country. You can see that if you try to book a hotel room in Yangon. They […]
Read more »Via The Financial Times, a report on Nestle’s activities in Myanmar: Nestlé is one of the few multinationals that never really left Myanmar. It quietly allowed Thai traders to import its instant coffee and other products in the country and retained a small office to keep an eye on things. But, with economic sanctions ending, […]
Read more »Via ValueWalk, a look at Myanmar’s manufacturing potential: After political reforms, following Myanmar’s democratic elections this past April, the United States government has decided to lift an export ban on the backwards S.E. Asian nation. Despite being among the most resource rich countries in the region, Myanmar lags far behind its emerging competitors, with a […]
Read more »Courtesy of The Financial Times, a look at what Myanmar may export to help drive its economy: Myanmar used to be a major exporter of many products – from rice to clothing to its world-famous red rubies. But crippling sanctions left the country with few willing buyers aside from China and India who just wanted […]
Read more »Courtesy of Foreign Policy, a look at Myanmar: “Burma is the next Asian Tiger.” Don’t bet on it. The economies of the Asian Tigers don’t look anything like Burma’s, which is driven by primary industries such as natural gas, agriculture, timber, jade, and minerals. Together these industries made up over 80 percent of exports last […]
Read more »Courtesy of Al Jazeera, a look at how foreign investment in Myanmar could greatly benefit the country if its people are not left behind: This July, the Obama administration finally acted on statements made by Hillary Clinton in May, issuing general licenses allowing for new investment in and the export and reexport of financial services to […]
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