Tata Group set to focus on Vietnam, Myanmar

MUMBAI: At least seven companies of India’s oldest conglomerate, Tata Sons, have zeroed in on Vietnam and Myanmar as markets that need to be penetrated into. Growing economies and an expanding middle class, as well as pacts with global powers and tax incentives have made these countries important for firms that seek to reach out […]

EU investments set to surge after protection deal

Investments from the European Union member countries are likely to surge after signing of the EU-Myanmar investment protection agreement, said a senior EU official. Antonio Berenguer, EU’s head of trade and economic affairs, said that the agreement would encourage investment from Europe by improving legal certainty and predictability surrounding investments. “This agreement aims to provide […]

China’s Expanding Middle Class Fuels Poaching, Decadence in Myanmar

In the remote jungle city of Mong La, endangered animals are sold as aphrodisiacs, traditional medicines, and gastronomic delicacies. MONG LA, Myanmar — In this gaudy mecca of eroticism and greed on the eastern border with China, the cuisine isn’t for the squeamish: Many items on the menu, including the drinks, are derived from poached […]