Showing 1 - 10 of 10
Myanmar faces increasing uncertainty
Oped, Larry Jagan, Published on 01/02/2024
» Today marks the third anniversary of the military coup led by Senior General Min Aung Hlaing that ousted the democratically elected government of Aung San Suu Kyi. Over the last three years the Tatmadaw -- as the armed forces are known, has plummeted the country into ever-increasing violence and despair.
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.
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.
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.
Painful correction
Asia focus, Larry Jagan, Published on 08/10/2018
» Myanmar's currency crisis seems to have eased in recent days as a result of government actions, and to the relief of some market observers who feared an Argentina-style meltdown was in the making.
Myanmar business mood darkens amid Rakhine outrage
Asia focus, Larry Jagan, Published on 24/09/2018
» Myanmar is stepping up efforts to attract foreign investment and spur economic development. A diplomatic offensive to improve the country's tarnished international image is part of the campaign, but western companies are not being swayed.
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.
Hopes rest on new president to reinvigorate govt
News, Larry Jagan, Published on 31/03/2018
» President Win Myint has been sworn in as Myanmar's new president, raising hopes that with him at the helm government administration will be strengthened and revitalised.
Myanmar's new era
Asia focus, Larry Jagan, Published on 23/11/2015
» Myanmar's election has been convincingly won by the opposition party, but hopes of a smooth and peaceful transition remain uncertain. Amid the public euphoria, business leaders in the country are cautiously optimistic about the future, though most have reservations about the new government's policies and its capacity to deliver.
Foreign banks head for Myanmar
Asia focus, Larry Jagan, Published on 24/03/2014
» Myanmar’s government is preparing to allow foreign banks to operate independently within the country before the end of the year. Already a “fast track” process for the selection of up to 10 banks has begun, according to sources in Myanmar’s Central Bank. But there is already resistance from local banks.