Myanmar apparel exports may double by 2020

Myanmar’s apparel exports are expected to more than double to $4 billion by 2020 owing to the favourable government policies and low labour costs in the country, according to industry insiders. One of the reasons for this is the high wages and relatively higher cost of production in countries like Vietnam, India, China, and South […]

China’s drug habit fuels return of the Golden Triangle

By the end of this year Myanmar should have been free of narcotics. Instead, production of opium is soaring and the East Asian country, once part of the fabled Golden Triangle, is the second largest producer in the world. Axel Kronholm investigates why. Proposing a toast at the end of a successful meeting is not […]

Thailand’s Political Crisis ‘Puts Burma Developments at Risk’

The political crisis gripping Thailand is jeopardizing key economic infrastructure developments and other potential investment in Burma, reports warn. The crisis has all but paralyzed Bangkok government and civil service activity, freezing planned major investments in international railway and road links and petrochemical projects, industry analysts said. It has also effectively put on hold plans […]