STATE DEPARTMENT — U.S. officials are looking to boost economic engagement with Myanmar, a country that has been dubbed by some as “the final frontier” because it is one of the last markets largely untouched by Western companies. The United States imposed heavy economic sanctions on Myanmar in 1997 over the ruling military junta’s repression […]
Myanmar Car Market: rushing in, but risks abound
August 26, 2013 by
“Sixty million people falling out of the sky – you’re not going to see that again in our generation,” quoted The Irrawaddy describing business opportunities in Myanmar. Investors including carmakers have been rushing to tap those opportunities. Nissan and Mercedes-Benz are the latest global OEMs to join Suzuki, Mitsubishi, Toyota, Ford, GM, Kia and Hyundai, […]
