Myanmar gets its first investment bank Reply

Alisher Ali - CEO and Co-Founder of Mandalay Capital

Alisher Ali – CEO and Co-Founder of Mandalay Capital

Reposted from Bloomberg
By Erika Kinetz

YANGON, Myanmar (AP) — Alisher Ali knew on the morning of his second day in Myanmar that the long-closed country was a risk worth taking. More…

US lifting import ban on Myanmar goods: Clinton Reply

“The people of Myanmar are very pleased with the easing of economic sanctions by the US. We are very grateful for the actions of the US” - Thein Sein

“The people of Myanmar are very pleased with the easing of economic sanctions by the US. We are very grateful for the actions of the US” – Thein Sein

Reposted from Business Line

New York, Sept. 27: The US will begin easing an import ban on goods from Myanmar, Secretary of State Hillary Clinton told Myanmar leader Thein Sein, in a further lifting of sanctions on the country.

Clinton told the Myanmar president yesterday that in recognition of the rapid reforms his South-East Asian nation, which was once ruled by a military junta, has undertaken “the United States is taking the next step in normalizing our commercial relationship.” More…

Myanmar’s Ex-General Thein Sein Set to Showcase Reforms Reply

Changes are coming - Myanmar President Thein Sein has freed hundreds of political prisoners and eased restrictions

Changes are coming – Myanmar President Thein Sein has freed hundreds of political prisoners and eased restrictions

Reposted from Bloomberg
By Flavia Krause-Jackson and Daniel Ten Kate

Myanmar President Thein Sein last visited the United Nations three years ago as the face of an authoritarian military regime. Today, the former general-turned reformer will present Myanmar in a new light. More…

House OKs bill to ease Myanmar aid restriction Reply

World Bank, the Asian Development Bank and International Monetary Fund are awaiting to aid Myanmar

World Bank, the Asian Development Bank and International Monetary Fund are awaiting to aid Myanmar

Reposted from World News Report

WASHINGTON (AP) – The House of Representatives has backed legislation that eases another restriction on the U.S. providing aid to Myanmar. More…

The Giants Are Coming: Tentative Western Oil Majors Line Up for Myanmar Hydrocarbon Glory Reply

World Bank recently announced that it will resume lending to Myanmar for the first time in nearly 25 years

World Bank recently announced that it will resume lending to Myanmar for the first time in nearly 25 years

Reposted from Energy Tribune
By Tim Daiss

Since President Obama’s easing of sanctions against the Southeast Asian country in July, American as well as foreign companies are flocking to Myanmar for business — all sectors are on the table including banking, insurance, pharmacy, manufacturing, services and energy. More…

US likely to lift more sanctions from Burma Reply

Aung San Suu Kyi with Nancy Pelosi left, and Hillary Clinton, after receiving the Congressional Gold Medal

Aung San Suu Kyi with Nancy Pelosi left, and Hillary Clinton, after receiving the Congressional Gold Medal

Reposted from WAtoday
By Mark Landler

WASHINGTON: The US may further ease sanctions on Burma, following the wishes of the opposition leader Aung San Suu Kyi, who was visiting Washington to receive the Congressional Gold Medal. More…

Myanmar’s Opposition Leader Urges End to Sanctions Reply

Ms. Aung San Suu Kyi will receive Congress’s highest honor, the Congressional Gold Medal, in the Capitol’s Rotunda on Wednesday

Ms. Aung San Suu Kyi will receive Congress’s highest honor, the Congressional Gold Medal, in the Capitol’s Rotunda on Wednesday

Reposted from The New York Times

WASHINGTON — Myanmar’s opposition leader, Daw Aung San Suu Kyi, called for the lifting of American sanctions against her country on Tuesday, beginning an emotional visit to the United States that punctuated the remarkable shift in relations with Myanmar over the past year. More…

Myanmar to delay foreign investment law Reply

New legislation contains incentives including better terms on land leases and tax exemptions

New legislation contains incentives including better terms on land leases and tax exemptions

Reposted from Financial Times
By Gwen Robinson

Myanmar is to delay the implementation of controversial foreign investment legislation passed this month, but will step up reforms in areas including the financial sector and land use and will streamline government structures. More…

Welcome to the Golden Land! 1

 Myanmar’s leadership appears to be walking the path of reform and embracing a little piece of capitalism

Myanmar’s leadership appears to be walking the path of reform and embracing a little piece of capitalism

Reposted from: Capitalist Exploits
By Mark Wallace

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…