Nirgunan Tiruchelvam, Equities Analyst at Standard Chartered says there is an increase in disposable income in Southeast Asia which will have a positive effect on the consumption story in the region. He believes Myanmar's beer market has potential for strong growth.» Read More
*Myanmar president in first visit to Washington. *Washington wants to foster ally on China's border. WASHINGTON, May 20- President Barack Obama will walk a fine line between fostering a U.S. ally in China's backyard and trying to defend human rights when the president of Myanmar becomes the first head of his country to visit the White House in 47 years on Monday.
WASHINGTON, May 15- More than 80 percent of the world's major oil and gas-producing and mining countries fail to meet "satisfactory standards" for managing their natural resources, according to a report tracking global resource mismanagement and corruption.
WASHINGTON, May 15- Over 80 percent of the world's major oil and gas-producing and mining countries fail to meet "satisfactory standards" for managing their natural resources, according to a new report that tracks resource mismanagement and corruption.
Alisher Ali, CEO of Silk Road Management tells CNBC's Cash Flow how to play the Myanmar growth story and which stocks he likes.
WASHINGTON, May 2- The United States on Thursday lifted another set of sanctions against Myanmar to support reforms in the formerly army-ruled country, while retaining visa and investment bans against individuals accused of human rights abuses.
YANGON, April 30- Ford Motor Co opened the first Western car dealership in Myanmar on Tuesday, hoping its models can take market share from Japanese brands that dominate the country's potholed streets.
SINGAPORE, April 29- Cellular operator Digicel Group Ltd jumped into Myanmar early and big, hiring staff, funding local sports, negotiating land deals for thousands of cell tower sites and signing up hundreds of partners for retail outlets.
YANGON, April 25- Introduced a decade and a half ago under Myanmar's former military rulers, SIM cards sold for as much as $7,000 apiece.
WASHINGTON, April 23- The United States is reviewing trade relations with Myanmar in a move that could end import duties on thousands of goods from the Southeast Asian country, which Acting U.S. The United States has already rewarded Myanmar for political reform by lifting long-time economic sanctions and easing most of its ban on imports from the country.
Nomita Nair, partner at international law firm, Berwin Leighton Paisner, talks to CNBC about Myanmar following sanctions on the country being lifted by the European Union.
*Rights group accuses Myanmar authorities of crimes against humanity. LUXEMBOURG, April 22- The European Union agreed on Monday to lift all sanctions on Myanmar, except for an arms embargo, despite a Human Rights Watch report which accused authorities of complicity in the mass killing of Muslims in the west of the country last year.
WASHINGTON- The FBI arrested a Mississippi man on Wednesday in connection with letters sent to President Barack Obama and two other officials that are believed to have contained the deadly poison ricin, the U.S. Justice Department said.
Jeremy Kloiser-Jones, CEO of Bagan Capital, discusses the evolving investment environment in Myanmar.
WASHINGTON, April 15- The World Bank's political risk guarantee agency hopes that with a new insurance facility it can help attract more companies into conflict-hit states early on as the country rebuilds and tries to get people back to work, a senior official said on Monday.
Jeff Kingston, Director of Asian Studies at Temple University, says Myanmar opposition leader Aung San Suu Kyi's star power in Japan are instrumental in her call for infrastructure and investment support.
HONG KONG, April 12- Hong Kong shares are set for their best week in more than three months on Friday, but will be tracking slim losses in Asia and trimming a low-volume bounce off Monday's multi-week lows. Elsewhere in Asia, Japan's Nikkei was down 0.3 percent, while South Korea's KOSPI was down 0.1 percent at 0055 GMT.
The companies include India's Bharti Airtel Ltd, China Mobile, Japan's KDDI Corp, Africa's MTN, Singapore Telecommunications Ltd, Norway's Telenor SA and Digicel, a group backed by billionaire George Soros. China Mobile has teamed up with Vodafone, while France Telecom-Orange is working with Marubeni, and Africa's MTN with M1 Telecom and Amara Communications.
Andrew Rickards, CEO at Yoma Strategic Holdings, explains his firm's investment into Myanmar's telco industry while mobile penetration is still at 10%.
MANILA, April 9- The Asian Development Bank released its 2013 outlook for 45 economies in developing Asia, which spans the Pacific to Central Asia. The report is available on the ADB's website www.adb.org.
HONG KONG, April 5- Hong Kong shares could start higher on Friday as markets reopen following a public holiday, bolstered by the Bank of Japan's unprecedented monetary expansion.