Investment in soft infrastructure is as important as investment in hard infrastructure as the Asean Economic Community (AEC) pushes for inclusive economic growth by improving the region’s infrastructure as a whole, says Indonesia’s investment chief. “If you want to go fast you go alone, but if you want to go far you have to go […]
Myanmar to Curb Some Investor Incentives, Presidential Aide Says
October 7, 2015 by
Myanmar’s parliament is likely to meet before the end of the year to approve legislation that would scale back a number of foreign-investment incentives the government now deems excessive, President Thein Sein’s top economic adviser said. Parliament, which is in recess as lawmakers campaign for Nov. 8 elections, will probably reconvene by early December, Aung […]
For businesses in Myanmar, the promise is unfulfilled
May 14, 2015 by
Six years ago, Jon North started collecting data on Myanmar. He bought maps, secured satellite imagery and started scouting. He has travelled the world kicking rocks, and liked what he saw in the Southeast Asian nation. A banana-shaped arc of young volcanic rock curves through the Southwest Pacific, and its gold deposits have fed rich […]
EU launches EuroChamber in Myanmar, in big step to closer ties
December 19, 2014 by
European firms are expected to bring with them three things – finance, technology, and management, said the presidential economic adviser to welcome the launch of European Chamber of Commerce on Friday. “We need finance. We hope good European companies will come. Global brand names will come. We also hope the European companies will give us […]
Property prices ‘to rise for a few more years’
July 21, 2013 by
Presidential adviser U Aung Tun Thet sees no property bubble and predicts daily ‘flipping’ will occur There is no bubble in the property market and prices of land will continue to rise for the next few years, presidential adviser U Aung Tun Thet told a seminar to mark the first anniversary of the Myanmar Real […]
