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Search Result for “financial crisis”

Showing 1 - 10 of 14

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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.

OPINION

Post-election foreign policy rebalances westward

Oped, Larry Jagan, Published on 19/12/2020

» Myanmar's foreign policy is set to undergo a significant shakeup in the coming year as the government readjusts to the changing international environment in a post-election, post-Covid and post-Trump era. In the middle of these evolving dynamics, Myanmar will increasingly become a major focus of attention -- and be a dominant determinant of the balance of power within Asia.

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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

New democracy demands unleashed

Oped, Larry Jagan, Published on 12/11/2020

» Millions of Myanmar voters went to the polls last Sunday to voice their overwhelming support for democracy and their opposition to the military's involvement in politics. Throughout the country, people queued patiently and peacefully -- sometimes for up to two hours in the hot sun -- to mark their ballot papers in the polling stations.

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OPINION

Suu Kyi readies to win 'Covid election'

Oped, Larry Jagan, Published on 23/07/2020

» Myanmar's ruling party -- the National League for Democracy (NLD) -- is in the final stages of preparing for parliamentary polls scheduled for Nov 8. These elections have taken an unexpected turn, largely as a result of the pandemic sweeping the world. Now, the country's civilian leader, Aung San Suu Kyi, appears destined to be returned to power, albeit with a reduced majority.

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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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OPINION

Giants vie for influence in Myanmar

News, Larry Jagan, Published on 04/11/2019

» Behind the scenes of this year's Asean and East Asian summits, currently taking place in Bangkok, the region's key nations -- China, India and Japan -- are engaged in a quiet battle for greater influence in Myanmar. While on the sidelines, the countries of Asean, especially Thailand, as the current chair of the regional organisation, are offering qualified support for its problematic ally, largely behind the scenes.

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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

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

Myanmar looks East

Asia focus, Larry Jagan, Published on 05/11/2018

» The government of Myanmar has launched a major investment drive centred on Asian countries in the face of declining interest from the West.