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Search Result for “FINANCE”

Showing 1 - 10 of 35

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OPINION

Civil disobedience, opposition to coup is growing

Oped, Larry Jagan, Published on 06/02/2021

» Opposition in Myanmar to the coup is escalating daily, as the new military-led regime tries to pacify the business community and quickly return the country to normal. The civil disobedience campaign initiated by the country's health workers is also growing in numbers, affecting hospitals, schools and other government offices. So far, the authorities have been powerless to stem the movement. But as the momentum grows there are increasing fears of a major confrontation between the peaceful protesters and the security forces.

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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

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

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

Shining a light

Asia focus, Larry Jagan, Published on 17/06/2019

» "Responsible business" has become the new buzzword in Myanmar, heightened by international investors' concern about weak governance in the country's private sector, a problem that is even more worrying in state-owned enterprises.

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BUSINESS

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.

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BUSINESS

Relationship reset

Asia focus, Larry Jagan, Published on 13/05/2019

» Myanmar and China have a special relationship that was strengthened further by Aung San Suu Kyi's recent trip to Beijing. The frequency of her trips to China -- more than to any other country -- since she became State Counsellor underlines that relationship.

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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.