No turning back for Myanmar’s economy

The headlines on Myanmar in local and foreign media are often worrying – and not without reason. Myanmar’s army is embroiled in a border war, its peace process with 16 armed ethnic groups and alliances hangs in the balance, students are protesting against the education system and the recently freed media is discovering the limits […]

Minister U Soe Thane urges the long-term view

The economic improvements to the country since the 2011 transition to civilian government are obvious, but reforms must be continued by subsequent governments, according to Coordinating Minister for Economic Development and Minister for the President’s Office U Soe Thane. Although the current course struck by the government has generated improvements in certain areas, progress has […]

Heavyweight Bank of Tokyo-Mitsubishi UFJ prepares its Yangon office for opening

The Bank of Tokyo-Mitsubishi UFJ could officially open its branch office as soon as next month, as the firm looks to provide financial services to foreign investors, according to the bank’s chief executive officer for Asia and Oceania, Go Watanabe. “We are excited to open the branch as soon as possible, maybe even next month, […]