Labour issues biggest challenge for foreign investors: UMFCCI president

LOCAL labour issues pose the biggest challenge to foreign investment in the country, said U Zaw Min Win, the President of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI). “The amount of foreign investment entering Myanmar was not as much as we expected. Foreign direct investment of only US$4.5 billion flowed […]

Myanmar official says ‘totally underestimated’ economic impact of Rohingya crisis

A Myanmar foreign investment official said on Wednesday he “totally underestimated” the economic damage of the Rohingya crisis, adding that the outcry over the jailing of two Reuters reporters would also have some impact on his country’s reputation. Asked at an investor forum in Singapore what impact the crisis had on Myanmar’s economy and investment, […]

China And Japan’s ‘New Great Game’ Intensifies In Myanmar

Throughout Asia the frontiers of investment are being pushed ever onward, gobbling up former backwaters in the hunt for cheap labor, natural resources, infrastructure deals, and the massive profits that can be made in the margins of a country transitioning from “emerging market” to “plain old market.” As the developed, investor countries of the world […]