The United Nations may soon recognize the country’s pristine northernmost Putao area as a World Heritage Site, a protective designation many locals feel may cause more harm than good. “Full of Life, Full of Nature, Putao” read the cover of a recent edition of Myanmar National Airline’s inflight magazine, with a beautiful young woman sitting […]
Max Myanmar looking for partnership in financial services
Max Myanmar Holding Co, a hotels-to-engineering conglomerate, said it is looking for partnerships in financial services and is in talks with France-based Accor SA to expand cooperation in hotel management. The Yangon, Myanmar-based group expects legal changes in the country to encourage more investment, U Zaw Zaw, Max Myanmar chairman, said in an interview Thursday […]
US eases Myanmar sanction to aid business
Photo Credit: File Photo from Nov. 14, 2014 meeting between Obama and Aung San Suu Kyi in Yangon (Nyein Chan Naing / European Press Photo Agency) The US government has removed 3 government banks and 7 government agencies responsible for promoting investment and export in various sectors of this resource rich country off the sanction […]
In Burma, a Fine Line Between CSR and Karmic Cash
RANGOON — It was perhaps inevitable that Burma’s business sector would struggle with the idea of corporate social responsibility (CSR), operating in a country of high charitable giving and stark contrasts between its wealthiest and poorest citizens. At least in part, this stems from the reality that CSR, as a concept, has only caught on […]