The sanctions game: US mulls rewriting Myanmar blacklist

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Rolling back US sanctions on Myanmar will top the agenda Wednesday as President Barack Obama hosts democracy champion Aung San Suu Kyi, with American firms desperate to tap millions of consumers once cut off by the former junta. […]

US eases Myanmar sanction to aid business

Photo Credit: File Photo from Nov. 14, 2014  meeting between Obama and Aung San Suu Kyi in Yangon (Nyein Chan Naing / European Press Photo Agency) The US government has removed 3 government banks and 7 government agencies responsible for promoting investment and export in various sectors of this resource rich country off the sanction […]

Yangon’s real estate challenge

After a pause while investors awaited the outcome of elections, the property market in Myanmar’s biggest city is picking up again, but some sectors will do better than others. Myanmar has experienced dramatic changes economically and politically over the past few years. As foreign investors rush to set up shop in the newly open market, […]

Myanmar vote raises hopes for sanctions removal

As the National League for Democracy (NLD) looks poised to win Myanmar’s historic elections, western exporters hope that a democratic transition may bring further easing of the US sanctions regime. The first round of sanctions lifting occurred in 2012 after the military regime agreed to loosen its grip on power and establish a civilian parliament, […]

End of a way of life: Burmese islands that are home to 2,000 sea gipsies set to be turned into ‘new Phuket’ with 30 hotels and a casino

Mergui Archipelago in Burma is home to 800 untouched islands but officials says this could soon change 30 hotels and resorts have been given the green lights and officials say these could attract eco-tourists and divers Only 2,612 tourists visited the islands last year, but this is set to soar if plans are given the […]

Low risk tolerance investors waiting for results of 2015 election to invest

According to a report by consulting firm New Crossroads Asia – low risk tolerance investors are waiting for the results of the 2015 election before investing in Myanmar. Aung Naing Oo, director general of the Directorate of Investment and Companies Administration (DICA) said there was some truth to this. “Reports that foreign companies are waiting […]

How will the entry of two telcos affect Myanmar citizens?

The awarding of two new telecom licenses is a watershed in Myanmar’s road to modernization. It is expected to bring competition and innovation to an otherwise sleepy telecom sector that has been a disappointment to the Myanmar people and a drag on the economy for many years. Myanmar Posts and Telecommunications (MPT) and Yatanarpon will […]