Myanmar Needs ‘Responsible Investments’ to Develop, Suu Kyi Says

Myanmar needs “responsible investment” of foreign capital as it seeks to accelerate economic development, opposition leader Aung San Suu Kyi said. The country also needs to improve its rule of law and democratic reforms must take place soon, not by 2015 when general elections will be held, Suu Kyi said at a conference in Singapore […]

Yangon More Expensive Than Manhattan Sparking Boom: Real Estate

Sean Danley has spent the past six months scouting office space in Yangon after being sent to establish the Myanmar branch of his U.S.-based employer. He looked in the city’s three sole 1990s-era towers, where annual rents have climbed to more than $100 a square foot, compared with less than $75 in downtown Manhattan, according […]