New economic freedoms rouse Myanmar’s sleeping giant

Last week, Myanmar officials wore big smiles at the official launch of the Thilawa Special Economic Zone. They were jubilant that, at last, the nation has its first international-standard SEZ, equipped with all the infrastructure a major business needs – electricity, water supply and port facilities. The project is a joint endeavour, and much of […]

Bangkok Bank injects $200 million into its Yangon branch

Bangkok Bank demonstrated its optimism in Myanmar’s economic potential through the injection of US$200 million (Bt6.75 billion) into its Yangon branch, a bigger sum than what was brought in by the four foreign banks that have already opened branches here. “This will help us service our customers further, not only in terms of funding but […]