Land parcel spans 10 acres to house hotels, offices, and residential developments
Yoma Strategic Holdings Ltd. (Z59.SG) said Monday it will acquire an 80% stake in a plot of land in Myanmar’s largest city from its affiliate, giving it access to land in the developing country’s tightly regulated real estate sector. More…
“So today, I have come to keep my promise and extend the hand of friendship”-Obama
YANGON, Myanmar — President Obama journeyed to this storied tropical outpost of pagodas and jungles on Monday to “extend the hand of friendship” as a land long tormented by repression and poverty begins to throw off military rule and emerge from decades of isolation. More…
Foreign investors can play a pivotal role in transforming Myanmar’s low-skilled workforce into a skilled workforce
Myanmar’s rapprochement with the West presents a rare opportunity to untangle a web of unfeasible sanctions, rein in the business oligarchy and harness the progressive elements within Myanmar’s economy to help alleviate the poverty suffered by millions of Myanmar citizens. More…
This once isolated country is now one of the world’s hottest investment destinations
Dear friends and colleagues:
Being bullish on Myanmar is a cliché these days. However, I thought I’d share some notes from a recent trip to Yangon—it’s a good conversation starter at the very least. More…
Mr. Obama says he is going to Myanmar in order to reward the regime for the democratic changes
HE WILL be on the ground for less than a day. Still, when Barack Obama arrives in Myanmar on November 19th, one leg of a three-country South-East Asian tour, it will be quite a moment: the first ever visit to the country by a sitting American president, which sets the seal on one of the fastest rehabilitations of a former American foe. More…
Reposted from The Financial Times
By David Stevenson
Emerging markets investors certainly love their acronyms. First came the Brics, courtesy of Jim O’Neil at Goldman Sachs. Rather less well-known are HSBC’s frontier market “Civets” – Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa. And barely heard of at all is the “M3 Axis”. More…
Myanmar headed in a positive direction
THE lobby of the Traders Hotel in Yangon is buzzing in the early evening hours. The number of Chinese, Japanese, Europeans and Americans roaming the lobby is surprising. It’s as if they are all here just waiting for the economic boom to happen. More…
Coca-Cola Co and PepsiCo fight for market share in Myanmar
SHANGHAI: PepsiCo Inc is in talks to sign a bottling agreement in Myanmar, ramping up the competition with Coca-Cola Co as they fight for market share in a country emerging from decades of isolation. More…
US to move faster to normalize relations with Myanmar
Freshly re-elected US President Barack Obama’s visit to Thailand, Myanmar [Burma] and Cambodia later this week will be an extremely important step to firm up his Asia-Pacific policy, often described as a “pivot” to the region. More…
