Via USA TODAY, an interesting article on Myanmar’s growth prospects. As the report notes: In saffron robes and flip-flops, Buddhist monk Ashin Uttama browses the feast of cheap Chinese electronics assembled for a trade fair in Rangoon, Burma’s commercial capital. A tablet computer would let him scroll through the sutras he must chant daily, and […]
Read more »Courtesy of The Financial Times, a report on Myanmar’s nascent banking sector. As the article notes: For all the hoopla surrounding Myanmar as the new Wild West following its half-century of isolation, a truly frontier market is its banking sector – ATMs became available just two months ago. But one bank has picked up the […]
Read more »Via The Financial Times, a report on Myanmar’s uneven path towards more liberal foreign direct investment policies. As the article notes: The “will of the people” is not a phrase you hear very often in government communications about foreign direct investment in Myanmar. But that is the reason the nominally civilian government of president Thein […]
Read more »Courtesy of STRATFOR (subscription required), a detailed analysis of the geopolitical significance of U.S. Secretary of State Hillary Clinton’s three-day visit to Myanmar, which represents a major step in the United States’ re-engagement in Asia and furthers Washington’s plan to counterbalance China’s regional strategy. As the report notes: “…U.S. Secretary of State Hillary Clinton is […]
Read more »Via Reuters, a report that Malaysia’s state oil firm Petronas has put in a bid for an onshore energy field in Myanmar. As the article notes: “…At the moment in Myanmar we are only offshore and the business has been quite good,” Wee [Executive Vice President of Exploration and Production Wee Yiaw Hin] told reporters […]
Read more »Via Foreign Policy, an article on what it says is the real reason behind Hillary Clinton’s visit to Myanmar: China. As the report notes: “…Secretary of State Hillary Clinton is in Myanmar, on a trip that is being hailed as a stunning breakthrough in bilateral relations and a sign that the Southeast Asian pariah state […]
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