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Search Result for “$8 billion”

Showing 1 - 7 of 7

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BUSINESS

Free fall

Asia focus, Larry Jagan, Published on 22/03/2021

» Yangon is burning: Plumes of smoke rose into the skyline in the north of the city every day last week. Large parts of Myanmar's biggest city and main commercial centre resembled a battle zone after the military junta imposed martial law in several neighbourhoods.

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BUSINESS

Selling 'Suukyinomics'

Asia focus, Larry Jagan, Published on 02/09/2019

» A delegation led by Thaung Tun, Myanmar's economic tsar, hit the road to Bangkok recently to talk up the unique and refreshing government approach that they hope will persuade Thai investors to participate in the country's fast-growing development.

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BUSINESS

Paying for power stability

Asia focus, Larry Jagan, Published on 08/07/2019

» The government of Myanmar has substantially increased electricity prices with immediate effect as it seeks to reduce its deficit -- electricity subsidies alone cost US$500 million a year -- and finance new power projects to end chronic blackouts.

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BUSINESS

Green light for global insurers as Myanmar opens up

Asia focus, Larry Jagan, Published on 29/04/2019

» The Myanmar government has picked up the pace of liberalisation to attract foreign investment and help spur economic development in the last two years of its term in office.

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BUSINESS

All roads start leading to China

Asia focus, Larry Jagan, Published on 19/11/2018

» Myanmar and China have finally signed an agreement on a controversial deep-sea port project on the Bay of Bengal, allowing Beijing to press on with its strategic plan to gain access to the Indian ocean. It signifies a strengthening of bilateral ties between the two neighbours, and places Myanmar firmly in China's orbit.

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BUSINESS

Myanmar looks East

Asia focus, Larry Jagan, Published on 05/11/2018

» The government of Myanmar has launched a major investment drive centred on Asian countries in the face of declining interest from the West.

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BUSINESS

Hanging by a thread

Asia focus, Larry Jagan, Published on 29/10/2018

» Myanmar's flourishing textile and garment industry could be decimated if the European Union (EU) decides to withdraw trade privileges, business leaders say.