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Search Result for “central bank”

Showing 1 - 10 of 11

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OPINION

Myanmar faces increasing uncertainty

Oped, Larry Jagan, Published on 01/02/2024

» Today marks the third anniversary of the military coup led by Senior General Min Aung Hlaing that ousted the democratically elected government of Aung San Suu Kyi. Over the last three years the Tatmadaw -- as the armed forces are known, has plummeted the country into ever-increasing violence and despair.

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BUSINESS

Time to deliver

Asia focus, Larry Jagan, Published on 25/11/2019

» The Myanmar government knows it needs to improve the country's economic performance and extend the benefits of development more evenly across society. With elections only a year away, the ruling National League for Democracy (NLD) needs some big wins to prove to the country's entrepreneurs and the urban middle class that it is pro-business.

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BUSINESS

Clearer picture

Asia focus, Larry Jagan, Published on 30/09/2019

» The Myanmar government has begun a major overhaul of its procurement and contract procedures in an effort to strengthen the transparency and competitiveness of major development projects.

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BUSINESS

Myanmar banks feel the heat

Asia focus, Larry Jagan, Published on 23/09/2019

» The fragile state of Myanmar's banking industry remains a problem for the government as it strives to liberalise the financial sector and create a genuine market-based economy. A mini-run on local banks earlier this month underscored how shaky public confidence is.

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WORLD

Yangon gets smarter

Asia focus, Larry Jagan, Published on 20/05/2019

» Yangon is introducing smart meters to control the electricity supply, monitor usage and bill customers in a single automated system. If a pilot project is successful, the potential for further development could be huge, says the entrepreneur spearheading the technology.

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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

Myanmar looks West

Asia focus, Larry Jagan, Published on 25/03/2019

» Myanmar has embarked on a campaign to revive flagging interest among European investors, after focusing mainly on Asian countries -- the source of almost all the country's foreign investment in the last two years.

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WORLD

Myanmar steps up financial reforms

Asia focus, Larry Jagan, Published on 24/12/2018

» The government of Myanmar is finally putting its long-anticipated plans for economic liberalisation into overdrive. In the past few weeks it has announced numerous reforms -- including insurance liberalisation and further easing of restrictions on foreign banks, the establishment of a credit rating bureau and the formation of a "project bank" to encourage investment, especially from abroad.

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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

Painful correction

Asia focus, Larry Jagan, Published on 08/10/2018

» Myanmar's currency crisis seems to have eased in recent days as a result of government actions, and to the relief of some market observers who feared an Argentina-style meltdown was in the making.