The garment industry seems poised to boom in Ayeyarwady Region, with a company developing an industrial park near Pathein signing a contract with a Chinese firm that plans to build 50 garment factories within two years. The new factories would dramatically expand the town’s nascent manufacturing sector, which has for several years been attracting interest […]
New Myanmar government may bring added investor scrutiny
Myanmar’s smooth transition to its first elected government under the National League of Democracy (NLD) has been applauded by the international community and investors alike. In May 2016, the US announced elimination of most remaining sanctions against Myanmar, marking the near-end of one of the country’s last political barriers to investment. Foreign business is moving […]
From General to Politician: A Conversation with Shwe Mann
Shwe Mann was once one of Burma’s most powerful generals, ranking third in the hierarchy of the State Peace and Development Council (SPDC), the military regime that ruled until 2011; today, he is the speaker of the Union Parliament, and a key player in the country’s ongoing political transition. Until Thein Sein was named president, […]