The U.S. has scored the top spot in a new survey of charitable behaviors. How to make sure you're giving effectively this year.» Read More
HLAING THARYAR, Myanmar— "The food cart is coming!" The Charities Aid Foundation looked at wide-ranging giving patterns by respondents globally over a month-long period. In its latest World Giving Index, released Tuesday, the U.K.- based group said that Myanmar— turned into one of the world's poorest nations during a half-century of dictatorial rule, corruption...
WASHINGTON— The Obama administration is considering a plan that would shield possibly around 5 million immigrants living in the country illegally from deportation as part of a broad set of executive actions that President Barack Obama could announce as early as next week, people familiar with the discussions say. Obama has pledged to move on the measures by...
YANGON- OBAMA SAYS HIS POSITION ON KEYSTONE PIPELINE HAS NOT CHANGED, CITES PENDING LEGAL ACTION IN NEBRASKA AND SAYS HARD TO EVALUATE UNTIL ACTUAL ROUTE IS KNOWN.
YANGON, Myanmar— Staff hired to work with the U.S. government's aid agency in Myanmar are preparing to move out of their office following revelations their landlord is a notorious former spymaster who oversaw the imprisonment and torture of thousands of pro-democracy activists. UNICEF, the UN children's agency, pays $87,000 a month to a famously corrupt...
President Obama's visit to Myanmar for an economic summit this week demonstrates how far the country has come—and how much farther it has to go.
The announcement, two days before President Barack Obama visits the country for a regional summit, said the U.S. blacklisting of Aung Thaung tarnishes the dignity of lawmakers in Myanmar and parliamentary efforts to bring peace, reconciliation and rule of law in the country. The United States "targeted Aung Thaung as an individual and not as a lawmaker, so the...
In this edition of "Power Play", CNBC's Sri Jegarajah speaks to a panel of guests on the challenges of investing in Myanmar's energy sector.
SINGAPORE, Oct 13- Yum Brands Inc is partnering with Singapore- listed Yoma Strategic Holdings Ltd to debut a KFC restaurant in Myanmar in 2015, making it one of the first big Western fast-food chains to enter the newly emerging market. Yoma, a Myanmar- focused diversified real estate company, said the KFC franchise would initially focus on Yangon, the country's...
YANGON/ SINGAPORE, Oct 8- Myanmar has thrown open the door to foreign banks, but weak credit protection and tight restrictions on lending mean it's not a warm welcome, at least not yet. Nevertheless, with growth forecast at an annual 8.5 percent over the next few years, according to the International Monetary Fund's latest projections, and an economy where bank...
"Given its size, economic potential and its strategic position between China and India, Myanmar is forecast to be one of the fastest growing economies in the region over the medium term," Andrew Geczy, CEO of international and institutional banking for Australia and New Zealand Banking Group, said in a statement.
Petter Furberg, CEO of Telenor Myanmar, discusses the firm's entry into Myanmar and explains why it is not worried about potential challenges in the country.
Supreme leader Gen. Prayuth Chan-ocha outlines his vision for a new Thailand.
*Taiwan garment maker is Cambodia's second ever listing. PHNOM PENH/ HONG KONG, June 16- The number of companies on Cambodia's stock exchange doubled on Monday- to two.
Andrew Rickards, CEO of Yoma Strategic Holdings, discusses the company's plans to expand into different cities in Myanmar.
Tony Nash, Vice President of IHS, says Myanmar could be planning to shore up its fiscal position by implementing a nearly 14 percent hike in electricity rates come April.
Serge Pun, Executive Chairman of Yoma Strategic Holdings, speaks to CNBC's Asia Squawk Box about the firm's expansion into the fields of education, agriculture and logistics in Myanmar.
Derek Mitchell, U.S. ambassador to Myanmar, discusses investment and how the newly emerged nation can mitigate the resource curse.
Matt Davies, Deputy Division Chief and Myanmar Mission Chief at the International Monetary Fund, is optimistic on Myanmar's reform success but warns of risks from management capacity.
Jon Frederik Baksaas, CEO of Telenor says the firm is in the final stages of telecom license negotiations with Myanmar's government.
Johannes Benigni, Founder & Managing Director at JBC Asia sees increasing revenue for Myanmar as it opens up new gas and oil fields.