YANGON (Reuters) – Business confidence among entrepreneurs in Myanmar dropped “drastically” this year due to unclear economic policy, a survey shows on Tuesday, amid growing frustration over leader Aung San Suu Kyi’s management of the fledgling economy. Suu Kyi has identified economic reform as a key goal to complete Myanmar’s democratic transition after decades of […]
Myanmar’s business confidence plummets as policy uncertainty bites: survey
December 19, 2017 by Thiha
Filed Under: Latest News Tagged With: consultancy Roland Berger, foreign investment, Gross Domestic Product, local and international business owners, managing partner of Roland Berger, military rule, Myanmar’s democratic transition, National League for Democracy, Rakhine State, Rohingya minority, semi-civilian government, Southeast Asia, The International Monetary Fund, the Union of Myanmar Federation of Chambers of Commerce and Industry, the United Nations, Thomas Klotz
Suu Kyi’s man in Yangon under fire over transit deal with China
August 7, 2017 by Thiha
Aung San Suu Kyi’s first major infrastructure project could hardly be more visible – hundreds of new yellow buses now plying the streets of Yangon in what her ruling party hopes will be a potent symbol of how it is transforming peoples’ lives. But two deals to import 2,000 buses from China estimated at more […]
Filed Under: Latest News Tagged With: a Yangon NLD lawmaker, an engineer, Anhui Ankai Automobil Co Ltd, aung san suu kyi, Beijing's ambassador, Beiqi Foton Motor Co Ltd, businessman Kyaw Ne Win, China, Chinese companies, Chinese embassy, Chinese President Xi Jinping, Commerce Minister, diplomats, discount price, domestic economy, electric vehicles, European, European actors, express delivery, French, global director, grandson of former junta leader Ne Win, Hong Liang, import, International Finance Corporation, international standard, japanese, Kyaw Zay Ya, lower quality, Myanmar, Myint Thaung, National League for Democracy, new yellow buses, NLD, open tender process, Phyo Min Thein, planning and landscape, Privately-owned Zhengzhou Yutong, public-private joint venture, Reuters, Robert Marshall, Rohingya Muslim Minority, Roland Kobia, semi-civilian government, Soe Aung, Southeast Asian Nation, Than Myint, the EU ambassador, transit network, World Bank's investment arm, Yangon, Yangon Bus Public Company, Yangon region's minister of planning and finance, Yangon's antiquated transit system, Yangon's chief minister, YBPC, YBPC chairman Maung Aung, Yuxiang Tang, Zhengzhou Yutong Bus Co
State Bank of India granted operating licence by Myanmar
March 8, 2016 by thiha
Yangon: Myanmar has granted operating licences to four Asian banks, bringing the number of foreign banks allowed to conduct business in the previously isolated country to 13. Bank for Investment and Development of Vietnam, State Bank of India, Taiwan’s Sun Commercial Bank and South Korea’s Shinhan Bank were granted preliminary licenses, Myanmar’s Foreign Bank Licensing […]
