The foreign secretary has been accused of “incredible insensitivity” after it emerged he recited part of a colonial-era Rudyard Kipling poem in front of local dignitaries while on an official visit to Myanmar in January. Boris Johnson was inside the Shwedagon Pagoda, the most sacred Buddhist site in the capital Yangon, when he started uttering […]
Sanctions Make Myanmar Business Difficult, Not Impossible
August 28, 2014 by
Myanmar’s 2011 shift to a civilian government, after decades of military dictatorship, shocked observers and paved the way for dizzying changes in the country’s economy. Companies are now eying opportunities in Myanmar, as a rapid easing in U.S. sanctions is making business in the country feasible for the first time in years. Still, while the […]
Focus on closing the ASEAN economic gap: minister
August 27, 2014 by
Minister of national planning and economic development U Kan Zaw called for efforts to close the economic gap between different ASEAN countries during his opening address of the 46th ASEAN Economic Ministers meeting in Nay Pyi Taw on August 25. Macroeconomic stability, streamlining regulations and investment in infrastructure and human resources are key areas to […]
U.S. Pushes Myanmar Firms to Get Off Blacklist
August 21, 2014 by
The U.S. is telling Myanmar companies it once designated as cronies of Myanmar’s former military junta now may be the time to get off the American blacklist. The effort highlights just how much of Myanmar’s economy remains under sanctions and the challenge for companies seeking to wade into the new terrain. State Department officials met […]
American Chamber of Commerce to Launch Myanmar Chapter
October 23, 2013 by
The American Chamber of Commerce (AMCHAM) will launch a Burma chapter at the end of the month, another signal that businesses from the United States are showing a greater interest in a country that was off-limits to most American investors until-mid 2012. The launch event will take place at Rangoon’s Chatrium Hotel on Oct. 31 […]
