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Search Result for “private sector”

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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

Myanmar maps out recovery and reform

Asia focus, Larry Jagan, Published on 23/11/2020

» The Myanmar government is putting the finishing touches on an ambitious new economic recovery and reform plan. To be announced during the current transition period following the Nov 8 elections, it will be part of the strategic plan for the next five years.

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BUSINESS

After the Covid election

Asia focus, Larry Jagan, Published on 16/11/2020

» Myanmar's "Covid election" has dominated the local psyche for more than a month now. The coronavirus crisis changed the nature of campaigning for the Nov 8 polls, severely affected the voting process and delayed the second stage of the government's pandemic recovery plans. While everyone was preoccupied with the polls, the country was virtually on hold.

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OPINION

Pandemic poll drives reform demands

Oped, Larry Jagan, Published on 04/11/2020

» Myanmar goes to the polls on Sunday in a critical election that will determine the country's future direction. At issue is the country's fragile political balance -- between the civilian government and the still very powerful military -- and more importantly, give renewed impetus to the current government's drive to reform the country and the constitution. This election gives the voters the chance to decide whether the National League for Democracy (NLD) government, led by the charismatic leader Aung San Suu Kyi, will be given a renewed mandate to push forward on the country's tentative reform path and strengthen its democratic institutions.

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BUSINESS

Headwinds in Myanmar

Asia focus, Larry Jagan, Published on 20/01/2020

» The economic outlook for Myanmar for the coming year looks resilient, but the country faces enormous risks posed by internal tensions and international economic trends, according to the World Bank.

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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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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.