Showing 1 - 10 of 14
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.
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.
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.
Yangon gets smarter
Asia focus, Larry Jagan, Published on 20/05/2019
» Yangon is introducing smart meters to control the electricity supply, monitor usage and bill customers in a single automated system. If a pilot project is successful, the potential for further development could be huge, says the entrepreneur spearheading the technology.
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.
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.
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.
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.
Myanamar reforms gather pace
Asia focus, Larry Jagan, Published on 09/04/2018
» Myanmar has reached a critical crossroads with the start of a new financial year as the National League for Democracy (NLD) government enters its third year in office. But concrete plans for accelerated economic and political reform are in the pipeline. They mark a return to the NLD's traditional, populist principles, stressing land rights and economic fairness but with an emphasis on economic liberalisation.
Insurers eye Myanmar
Asia focus, Larry Jagan, Published on 12/03/2018
» Myanmar is preparing to open up its insurance industry to foreign businesses, expecting to attract firms that see high potential in a country where few people have coverage and the middle class is growing.