When going into a completely greenfield market, flexibility, patience and due diligence will go a long way toward ensuring projects’ staying power.
An easing of U.S. sanctions would foster much-needed foreign investment and help the new NLD government lift the economy.
Economy holds great potential, but the new government of Aung San Suu Kyi’s National League for Democracy faces numerous economic and political challenges.
Break out your drink koozie and spray fan: it’s the weekend, y’all! As per usual, here’s some news for your reading enjoyment.
Since 2011 the Southeast Asian nation of Myanmar has pursued political and economic reforms that include a new law allowing foreign ownership of businesses. Although the country offers big opportunities, political stalling and weak public institutions could impede its development.
Central bank governor tells Institutional Investor that “revolutionary” reform is on the way.