Courtesy of The Financial Times, one observer’s look at Myanmar’s potential: I spent a few days in Yangon, Myanmar’s biggest city, just before this month’s elections. It was my first visit since 1985. Back then, there were one or two flights in a day from Bangkok on small planes. One could only stay a week […]
Read more »Via Time’s Global Spin blog, a look at how Myanmar’s central bank has set a new value on the national currency to reflect what it’s actually worth. But much more needs to be done to fix the country’s broken economy as the article notes: Workers count Burmese kyat currency at a bank April 5, 2012 […]
Read more »Courtesy of The Financial Times, a look at how Myanmar’s reform promises opportunities for overseas investors – but makes locals and neighbors alike wary: Near Yangon’s historic riverfront on Monday, the buzz at the Thein Phyu Money Changer Centre came not only from the overnight news that Aung San Suu Kyi and her opposition National […]
Read more »Courtesy of STRATFOR (subscription required), some analysis of potential challenges to foreign investment in Myanmar: Myanmar held parliamentary by-elections April 1, during which the country’s opposition party, led by democracy activist Aung San Suu Kyi, won at least 40 of 45 seats. The polls come one year after the March 2011 establishment of a nominally […]
Read more »Via Al Jazeera, some commentary on Central Asia: Dubbed as the “pivot region” of world politics, the five Central Asian nations of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan have collectively gained an immense strategic importance over the last two decades, thanks to their geography and vast deposits of natural resources including gold, gas, oil and […]
Read more »Via The New York Times, a report on how the US and China are angling for influence in Myanmar: As Chinese workers in hard hats and red overalls bulldoze deep trenches into the orange soil across northern Myanmar for gas and oil pipelines to China, China’s largest energy conglomerate is paying cash for land and […]
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