Showing 1 - 4 of 4
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.
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.
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.