Equal ownership creates “gridlock”
As we were charging down the road to Nay Pyi Taw, Myanmar’s administrative capital in our imported luxury coach, wrapped curiously with Manchester United’s logo and team colors (odd…as foot ball is not a major sport in Myanmar), our very engaging host got on the crackly microphone to tell us a bit about Myanmar. More…
A lot of commercial banks are still intensively seeking capital by offering high deposit interest rates.
The documents released by the Ministry of Planning and Investment at the press conference in early September showed the continuous disbursement of the banks in the first eight months of the year. By August 20, the total money supply (M2) has reportedly increased by 10.3 percent in comparison with December 31, 2011. While the outstanding loans had increased by 1.4 percent, the deposits at banks had increased more sharply by 11.23 percent. More…
DFDL Mekong legal and tax advisers held a workshop in Vientiane for Indian businesses.
Indian investors are increasingly seeing the investment potential of Laos and business cooperation is steadily growing. DFDL Mekong legal and tax advisers last week held a workshop in Vientiane for Indian businesses in Laos to discuss opportunities here and the potential for further investment. More…
A Changing Landscape: While gold and copper mining have made Mongolia the world’s fastest-growing economy, they have also created some health and environmental problems in boom towns throughout the Gobi Desert.
KHANBOGD, Mongolia — In the dry expanses of southern Mongolia, a handful of large blue buildings are clustered together, ringed only by a thin metal fence. A single plane sits on an airstrip, while power lines stretch off into the distance. They, along with the scattered flocks of sheep and goats, are almost the only things dotting the vast landscape. More…
Myanmar’s leadership appears to be walking the path of reform and embracing a little piece of capitalism
About 24 hours ago Chris and I arrived in Yangon, Myanmar, formerly Burma. It’s a surreal place…
During the 45 -minute cab ride from the airport I felt a lot of emotions: excitement, angst, joy, desperation, hope, fear, scepticism and a hundred others. I’ve never been anywhere with this kind of energy. More…
Reposted from Radio Australia
The chief executive of the 2015 Pacific Games in Papua New Guinea says he believes the Games can have a transformative effect on the politics and infrastructure of the nation. More…
Reposted from The Malaysian Insider
SINGAPORE, Sept 14 — Luxury giant Louis Vuitton Moët Hennessy (LVMH) will open a resort hotel in the Maldives in 2013, TTG Asia daily reports.
The resort will consist of 46 luxury villas and is being built on the island of Randheli in Noonu Atoll. More…
Reposted from the Eurasia Review
India-Sri Lanka relations appear to be reaching a phase of stagnation. While bilateral relations at the political level are still cordial, Colombo does not seem to be interested in or solicitous of Indian advice and suggestions with regard to its constitutional experiments concerning devolution of administrative and financial powers to the provinces. More…
Ecuador Tourism Minister Freddy Ehlers and Haiti Tourism Minister Stephanie Villedrouin.
Haiti and Ecuador signed a tourism cooperation agreement Thursday at a ceremony in Quito. Haiti Tourism Minister Stephanie Villedrouin joined her Ecuadorian counterpart, Freddy Ehlers, for a signing ceremony at the Second International Congress on Ethics in Tourism. More…
