Myanmar is in a strong position with great natural resources, a large youthful population, and great geographical location
Many people believe that Myanmar presents a great opportunity for investment and growth. Rich in natural resources and with a youthful population of 60 million, the country seems ripe for investment. However the challenges facing the country are substantial. More…
Myanmar to own 51% of Thilawa while the Japanese will take a 49% stake
Japan External Trade Organization and the Union of Myanmar Federation of Chambers of Commerce and Industry will begin building the Thilawa Special Economic Zone in early 2013, officials said on October 21. More…
Workers count Burmese kyat currency at a bank in Yangon, Myanmar.
YANGON (Reuters) – A year and a half after it opened to skepticism from the West, Myanmar’s fledgling parliament reconvenes this week for its biggest task yet: debating an ambitious set of laws to reshape an economy that wilted during half a century of military rule.
The assembly was written off as a sham when it opened in January 2011, but the lawmakers are getting bolder and more vocal and the new session will be a test of their reformist mettle, even if opposition leader Aung San Suu Kyi is not taking her seat this week, citing exhaustion. More…
