At the BRI summit in May, the State Counsellor stressed that BRI-led projects should complement national priorities and take into account the welfare of local communities, and highlighted the need to ensure responsible business practice. Local analysts and commentators in Myanmar have spelt out some of the benefits and risks of Myanmar’s participation in Beijing’s Belt […]
Investor-Friendly Environment and Human Capital Essential for Myanmar’s Success in the Belt and Road Initiative
The Belt and Road Initiative: interview with Jonathan Woetzel, McKinsey senior partner and MGI director Jonathan Woetzel, senior partner of McKinsey & Company and director of the McKinsey Global Institute (MGI), told The Myanmar Times that success of the Belt and Road Initiative (BRI) in Myanmar would depend on the country creating an investor-friendly environment […]
Myanmar to ease industrial approvals to hasten employment growth
Prominent entrepreneur U Serge Pun has called for streamlined procedures for industries planning to set up shop in Myanmar, claiming a simplified approvals process would assist in attracting factories to provide much-needed employment. U Serge Pun pointed to China where he said the barriers to establishing a factory were lower, with no need to see […]