Businesses did not have a positive outlook on the Myanmar business sector last year with falling confidence and firms pulling out of Myanmar. However, with the arrival of a new year, things seem to be looking more optimistic for some sectors. Our reporters have interviewed insiders and experts from five business sectors on their views […]
Myanmar’s Road Construction Plans: Potholes Ahead
Despite a proven wealth of natural resources and a large, albeit suppressed, domestic market, Western interest in Myanmar has so far been limited. Asia, however, is taking far more notice. While immediate neighbors China and Thailand look to promote their own regional priorities in Myanmar, East Asian nations, such as Japan and South Korea, have […]
China offers $11.5 billions in loans, credit to Southeast Asia
China will offer $11.5 billion (£8.1 billion) in loans and credit lines to five Southeast Asian countries for infrastructure and other projects, Premier Li Keqiang said on Wednesday. In 2014, Li offered $20 billion in loans to Southeast Asia, while visiting Myanmar to attend an East Asian summit, an attractive proposition for a region struggling […]
India-Myanmar-Thailand highway pact to be inked in 15 days
“We will sign a road agreement with Myanmar and Thailand to link the North-East to the two East-Asian countries. the agreement is ready and it will be signed in 15 days,” Nitin Gadkari said. NEW DELHI: India will sign a trilateral road agreement in the next 15 days with Myanmar and Thailand with a view […]