The Land Rush in Myanmar

After decades of military rule, Myanmar at last has a democratically elected government. Longtime opposition leader Aung San Suu Kyi’s party took charge in March, with her ally Htin Kyaw becoming president and the Nobel laureate herself serving as foreign affairs minister. In response, the U.S. last month announced a partial rollback of economic sanctions […]

Myanmar one of the preferred countries for investment by US firms

Indonesia remains the most preferred destination in the Asean region of American companies for their future expansion despite the many challenges they encounter in doing business in the country, a recent regional survey has found. The Asean Business Survey Outlook 2015, carried out by the American Chamber of Commerce (AmCham) Singapore and the US Chamber […]

Soaring rent, limited infrastructure and skilled workers blocking investment

The high cost of living and rent, plus limited infrastructure and skilled workers are the major negative factors that deter potential investors, according to the American Chamber of Commerce. Dr Soe Htun, a businessman, explained: “Insufficient infrastructure and buildings lead to high cost of living. This burdens investors, both local and foreign. The government should […]

American Chamber of Commerce to Launch Myanmar Chapter

The American Chamber of Commerce (AMCHAM) will launch a Burma chapter at the end of the month, another signal that businesses from the United States are showing a greater interest in a country that was off-limits to most American investors until-mid 2012. The launch event will take place at Rangoon’s Chatrium Hotel on Oct. 31 […]