Myanmar's fundamentals, such as its 40 percent mobile penetration rate, are positive signs for investment in the teleco sector, says Suresh Sidhu, CEO of Edotco Group.» Read More
HPAKANT, Myanmar— Police in northern Myanmar said Wednesday they have ended efforts to find bodies in a jade mining landslide that killed more than 100 people and highlighted the perilous conditions created by a breakneck effort to dig up the world's richest deposits of the green gem. Separately, the government of Kachin state in the country's far north has...
*China ties uncertain as exit looms for junta remnants. NAYPYITAW, Myanmar, Nov 18- Myanmar's Aung San Suu Kyi pledged to pay "special attention" to ties with China when her party takes office after its election triumph, and said foreign investments would need public support to help improve relations. China was Myanmar's lifeline for two decades when sanctions...
*Suu Kyi's election win could prompt new wave of investment. YANGON, Nov 18- Aung San Suu Kyi's landslide election win might be bad news for Myanmar businessmen like construction magnate Khin Shwe, who lost his parliament seat and remains barred from doing business with U.S. nationals due to his ties to the former junta. Sitting comfortably on a beige leather sofa...
As votes continue to be counted for an official call on the Myanmar election result, Nomita Nair, partner at Berwin Leighton Paisner, and Bhavya Sehgal, APAC MD at Frontier Strategy Group discuss the implications of the historic poll.
The National League for Democracy's road to forming a government is tough if it doesn't cross the majority threshold, says Evan Rees, analyst for Southeast Asia at Stratfor.
If Myanmar's military agrees to a transition of power, it will be the first time since 1962 that civilians will control the government, according to Romain Caillaud, senior director at FTI Consulting.
Voting proceeded smoothly in Myanmar's first free nationwide election in 25 years, the nation's biggest stride yet in a journey to democracy from dictatorship.
Millions of citizens in Myanmar will be casting their votes on November 8 in a parliamentary elections described as a historic step in the country's transition to democracy.
Singapore kept its decade-long place at the top of the World Bank's rankings of the easiest place to do business, according to the latest survey.
*Myanmar opening up after half a century of military rule. YANGON, Oct 23- Last week's arrest of an NGO worker in Myanmar for a Facebook post is raising fears that legislation drawn up as part of the country's economic and democratic liberalisation are being used to stifle dissent in ways reminiscent of laws drafted by the former military junta.
Banks in Myanmar bought hundreds of millions of dollars in the black market this year, banking sources said, raising concerns about regulation.
*Banks faced chronic dollar shortage in first half of year. *Black market dollar trade used network set up under sanctions. YANGON, Oct 20- Banks in Myanmar bought hundreds of millions of dollars in the black market this year, banking sources said, in a resurgence of an unregulated trade that flourished under military rule and has raised fears among foreign...
Emerging markets hobbled by capital outflows may struggle to muster any economic growth but Myanmar isn't likely to be one of them.
Aung Tun Thet, economic advisor to the President of Myanmar, says the upcoming formation of the ASEAN Economic Community (AEC) will provide huge opportunities for Myanmar.
Myanmar's powerful ruling party chief Shwe Mann has been ousted from his post, party members said on Thursday.
*Myanmar currently unrated by top 3 agencies. HONG KONG, July 17- Citigroup Inc and Standard Chartered Plc are set to advise Myanmar on its first credit rating, according to people with direct knowledge of the matter, paving the way for the country to issue its maiden international bond. "Getting a credit rating is of the first importance for Myanmar, helping it to...
YANGON, July 13- International brewers are trickling into Myanmar, betting that higher incomes and economic reforms will whip up a thirst for foreign beer in a market that has long been dominated by state-owned firms. Myanmar's beer industry is dominated by state-backed Myanmar Brewery, and beer consumption rates are some of the lowest in Asia at just 3.2...
Aung Kyaw Moe, founder and Group CEO of Singapore-based payment services provider 2C2P, introduces the launch of e-payment solution "easyBills" in Myanmar.
Serge Pun, executive chairman of Yoma Strategic, says one must have a lot of patience and determination to overcome the difficulties of operating a business in emerging markets.
Myanmar's government has supported economic liberalization, but needs better planning, one of the country's top entrepreneurs told CNBC.