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Search Result for “Interest rates”

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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

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

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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BUSINESS

Myanmar's new investment push

Asia focus, Larry Jagan, Published on 14/01/2019

» The government of Myanmar is hoping this year will be a watershed for the country's investment and development plans. The emphasis is firmly on liberalisation and attracting foreign investors, as well as involving the local business community in the expected economic resurgence.

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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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WORLD

Myanmar businesses stumble on corporate responsibility

Asia focus, Larry Jagan, Published on 30/10/2017

» Many foreign investors are shying away from Myanmar because of the government's apparent failure to prioritise economic development and the violence in Rakhine state. Local businesses also complain of government inertia. But ministers still insist that the country is on the verge of a major economic breakthrough.

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WORLD

Myanmar renews SEZ push

Asia focus, Larry Jagan, Published on 02/10/2017

» Myanmar's special economic zones (SEZs) are a central part of a revitalised economic strategy in which increased manufacturing activity will play a key role. And breathing renewed life and energy into stagnant or stalled SEZs has moved to the top of the government's agenda.

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BUSINESS

Can the NLD deliver?

Asia focus, Larry Jagan, Published on 07/09/2015

» With campaigning for Myanmar's forthcoming elections about to start officially in a few days, the main parties are putting their finishing touches on their policy platforms.