Banks on charm offensive in Myanmar

FOREIGN banks venturing into Myanmar are expected to flex their muscles by investing in, and advising, the fledgling local financial market – and that includes efforts to lift standards of local bank staff. The charm offensive in recent years cannot be underestimated. Besides proving long-term commitment to this frontier market, international lenders need the blessings […]

Uncertainty over law clouds Telecom tender

Consortiums submitting final bids this week for two telecoms licences are grappling with a number of uncertainties, particularly over the legislative framework for telecoms liberalisation. Analysts said these uncertainties could have a dampening effect on how much contenders are willing to offer as a licence fee but have broadly praised the government’s handling of the […]