Myanmar has to move to tap into opportunities created by trade tensions between the world’s two largest economies, said a senior Singaporean academic. The US-China trade war has provided “silver linings” for many countries, such as Vietnam. in the Southeast Asia region, said Simon Tay, Chairman of Singapore Institute of International Affairs (SIIA), in the […]
Myanmar main beneficiary of Kyaukphyu: CITIC
YUAN Shaobin, executive president of CITIC Myanmar, which is the developer of a proposed Special Economic Zone (SEZ) in Rakhine, disagrees with critics who have accused China of taking an unfairly large stake in the project. He insisted that Kyaukphyu SEZ will spur much-needed developments in the region and that comparing Kyaukphyu’s ownership structure to […]
Foreign investors remain upbeat about Myanmar
YANGON – Foreign investors remain upbeat about Myanmar’s economy despite concerns over its pace of reform, said the head of a Singapore think tank, Associate Professor Simon Tay on Wednesday (June 28) at forum in Yangon. According to a preliminary survey result of foreign businesses conducted by the Singapore Institute of International Affairs, some 67 […]
Minister U Soe Thane urges the long-term view
The economic improvements to the country since the 2011 transition to civilian government are obvious, but reforms must be continued by subsequent governments, according to Coordinating Minister for Economic Development and Minister for the President’s Office U Soe Thane. Although the current course struck by the government has generated improvements in certain areas, progress has […]