“This is an important step for Myanmar’s electronic payment infrastructure” – Peter Maher
Yangon – Visa today announced that Visa cards will now be accepted at nearly 90 ATMs operated by Co-operative Bank and Kanbawza Bank across Myanmar. More…
Nguyen Tan Dung, Vietnam’s prime minister.
Vietnam Prime Minister Nguyen Tan Dung said that he intends to stay in his job after lawmakers criticized his handling of the economy. National Assembly delegates asked the Prime Minister to introduce a “culture of resignation” and provide specific measures to restructure the economy in a session broadcast live on state television yesterday. More…
Yangon, Myanmar
Dan and I just returned from Yangon, Myanmar. I attended the first Myanmar Investment Summit. Dan and I then met with local attorneys and discussed the foreign investment situation with local business people and interested foreign investors. More…
Workers counting banknotes at a Yangon Bank
The U.S. said Wednesday it will begin easing some of its most stringent sanctions against Myanmar, including restrictions that block U.S. investment in the country, while a senior official there said it was planning a further revamp of Myanmar’s antiquated financial system to help rebuild the country’s dysfunctional economy. More…
