The reason I’m revisiting Myanmar is because recently the State Bank of India (SBIN), together with the Vietnam Bank for Investment and Development, Taiwan’s E SUN Commercial Bank (2884:TT), and South Korea’s Shinhan Bank, were all granted permits to operate in that country. Last year, the first round of permits were granted to ANZ Banking […]
Frontier Markets: Myanmar, Explosive GDP Growth
March 11, 2016 by thiha
Filed Under: Latest News Tagged With: aim, All Aboard, American, ANZ Banking Group of Australia, asean, Asia, Bangkok Bank, CAT, Caterpillar, China, Chinese Banking Corporation, Currently, development, E. Sun Commercial Bank, European, Frontier Myanmar, investment, japanese, London Stock Exchange, Myanmar, Myanmar Investments International Ltd, Nikkei Asian Review, OCBC, Policies for Shared Prosperity, singapore, State Bank of India SBIN, Taiwan, Thailand, United Overseas Bank, UOB, Vietnam Bank, World Bank
Myanmar can potentially grow at 8%: WB
February 29, 2016 by thiha
India may not be the only growth story in the midst of a global economic slowdown. According to the World Bank, Myanmar’s economy has the potential to grow rapidly, up to around 8 per cent per year in real terms over the next 5 years. With the right policy choices, a growing economy can provide […]