Showing 1 - 10 of 13
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.
Planned Rohingya repatriation stalled
News, Larry Jagan, Published on 22/08/2019
» The repatriation of some 3,000 Muslim refugees back to Myanmar, who have been in camps in Bangladesh for nearly two years, is due to start today. But widespread fear and confusion in the camps, according to sources in Cox's Bazar -- currently home to nearly a million Rohingyas who have fled excessive violence at the hands of the Tatmadaw, or Myanmar army -- have left the repatriation plans in limbo.
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.
Myanmar powers up
Asia focus, Larry Jagan, Published on 10/06/2019
» Desperate for increased power supplies, Myanmar is speeding up efforts to call international bids to get more electricity flowing into the national grid within 12 months. Authorities are also considering importing power from China and Laos.
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.
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.
Power play
Asia focus, Larry Jagan, Published on 18/03/2019
» Myanmar is coming under increased pressure from China to resolve the thorny issue of the Myitsone dam. Work on the massive hydroelectric project in northern Kachin state was suspended by the former government of Thein Sein in 2011 after strong protests.
'Suukyinomics' taking hold
Asia focus, Larry Jagan, Published on 04/02/2019
» Myanmar's civilian leader Aung San Suu Kyi has relaunched the government's drive for economic development based on attracting foreign investment, streamlining bureaucratic procedures, improving infrastructure and utilising the enthusiasm and skills of the country's youth.
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.
Harbouring ambition
Asia focus, Larry Jagan, Published on 03/12/2018
» Ports planned in Myanmar will provide the final link in a transport network connecting China with Southeast and South Asia and onward to the Middle East. The ports are to be linked by rail and road to China in the north and Thailand to the west.