Myanmar Faces Foreign Investment Competition From Cambodia, Laos

Myanmar, Cambodia and Laos are the potential “hidden markets” of Southeast Asia for investment opportunities, a business study said, but they could end up competing against one another. Myanmar and Cambodia are both developing tourism and textile manufacturing industries which could see competition for foreign investment. In Myanmar’s case, “it’s very important that the government […]

China’s New Economic Priorities Offer ‘Exit Strategy’ on Myitsone Dam

New financial constraints imposed by Beijing to deal with China’s bloated economy could lead to the controversial Myitsone hydroelectric dam project in northern Myanmar being quietly abandoned. The Naypyidaw government has been under pressure from China Power Investment Corporation (CPI) to lift a suspension of construction imposed in 2011 by President Thein Sein, but new […]