Myanmar’s economy confronts tough policy challenges Reply

Reposted from East Asia Forum
By Lex Rieffel, Brookings Institution

The global policy community has focused on the political challenges facing the government of President Thein Sein in Myanmar and paid little attention to the economic challenges. More…

Investing in Myanmar: Triplicating success Reply

President Thein Sein

President Thein Sein

Reposted from The Economist

LAST month Thein Sein shared with an audience an “aspired goal” for his country’s economy: to triple per-capita GDP by 2016. With the current population that would entail inducing output to grow by more than 25% year on year—no mean feat by any standard. Even gas-rich Qatar, home to one of the world’s fastest-expanding economies last year, grew by a mere 14%. More…

Co-op ventures into capital Reply

Deputy Chief Executive Courtney Lodge (second left) gives the toast at the unveiling ceremony of First Heritage Cooperative Union

Deputy Chief Executive Courtney Lodge (second left) gives the toast at the unveiling ceremony of First Heritage Cooperative Union

Reposted from Jamaica Observer
By Shamille Scott

Small businesses will find it easier to raise equity when the newly formed First Heritage Co-Operative Credit Union (FHC) launches one of the island’s first venture capital funds. More…

Microfinance offers lifeline to Myanmar rural poor Reply

In the 1950's, Myanmar was the largest exporter of rice in the world

In the 1950′s, Myanmar was the largest exporter of rice in the world

Reposted from The News

MAWBI, Myanmar: While foreign investors with big plans pour into Myanmar after decades of military rule, microfinanciers are looking to fund the dreams of farmers in the grindingly poor countryside. More…

Myanmar reforms likely to continue -US State Department official Reply

U.S. Under Secretary of State Robert Hormats

U.S. Under Secretary of State Robert Hormats

Reposted from Reuters

(Reuters) – A top State Department official on Tuesday said he was optimistic Myanmar would stay on the path of political and economic reforms, but warned potential U.S. investors they face a complicated business environment there. More…

Small and medium enterprises prepare for ASEAN Reply

A worker dries Chinese sausage at the Kim Chanthou handicraft factory in Phnom Penh

A worker dries Chinese sausage at the Kim Chanthou handicraft factory in Phnom Penh

Reposted from The Phnom Penh Post
By Sam Rith

Cambodia’s small and medium enterprises (SMEs) are busily preparing for the ASEAN Economic Community’s free flow of goods in 2015 and are probably not that different from the other 10 ASEAN member states’ own SMEs. More…

World Bank Set to Restart Aid to Myanmar Reply

Reposted from The Wall Street Journal
By Patrick Barta

The World Bank said it was making plans to resume aid to Myanmar after cutting off new lending to the country some 25 years ago, marking the latest major milestone in Myanmar’s rapprochement with the Western world. More…