Via Stasha Macro World, a report on Myanmar’s offshore oil ambitions: The government of Myanmar is further opening up to international business by signing a deal with two foreign energy companies, Statoil of Norway and ConocoPhillips of the United States, who will invest more than $300 million to explore and drill for oil and gas […]
Read more »Via Ozy, an interesting look at Myanmar: Myanmar-China natural gas pipeline in the city of Laibin, located in south China’s Guangxi Zhuang Autonomous Region Thinking of investing in Myanmar? Just maybe it will be possible soon. The last time Myanmar launched a stock exchange was during its dark days of isolation in the mid-1990s when […]
Read more »Courtesy of the Financial Times, a look at Myanmar’s economic growth: Following his “flipping the switch” on political reform, Thein Sein, Myanmar’s president, has embraced the international donor community – of bilateral and multilateral agencies led by the Asian Development Bank, the World Bank and the IMF – in an agenda of good governance and […]
Read more »Courtesy of Foreign Policy, an interesting report on the Gap’s plans to enter the former pariah state: Gap Inc. began considering operating in Myanmar almost a year after the United States and the European Union formally eased sanctions on the former pariah state; it took another year of preparation before the company became the first […]
Read more »Via Breaking Energy, a report on investment in Myanmar: While residents of Myanmar protest over electricity – sometimes on pricing, other times on access and most recently on environmental concerns and Chinese involvement – foreign investors are watching Myanmar’s opening economy with hungry eyes. It’s a country with a huge population, low electrification rates and […]
Read more »Courtesy of NBC News, an interesting look at soda wars in Myanmar: A Myanmar woman takes a can of Coca-Cola from a shelf at a supermarket in Yangon, the capital city. Consumers in long-isolated Myanmar are getting their first taste of globalization — and finding it is sweet, fizzy and comes served in a can. An […]
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