Post-Sanctions Myanmar the New Frontier for Global Business

YANGON/TOKYO — The end of long-standing U.S. sanctions on Myanmar companies linked to the former military government is cause for celebration in both countries, opening up a slew of previously off-limits business and investment opportunities. The U.S. Treasury Department lifted all financial sanctions on the Southeast Asian nation Friday after months of dogged appeals by […]

Amid transition, Myanmar’s Senior General emerges from the shadows

Like many of his generation, the head of Myanmar’s powerful military is a recent but enthusiastic convert to Facebook. On his profile background picture, the commander-in-chief gives a “thumbs up” from the cockpit of an airplane. Posts show him celebrating new year in a traditional boar tusk headdress and visiting wounded soldiers. YANGON: Like many […]

Myanmar president hails ‘triumph’ of democratic transition

President Thein Sein hailed the “triumph” of Myanmar’s transition of power Thursday, addressing a military-dominated parliament for the final time before a handover to Aung San Suu Kyi’s pro-democracy movement. The Southeast Asian nation, choked for decades under junta rule, is on the cusp of a remarkable political transition after Suu Kyi’s National League for […]

Myanmar is the Latest Destination for Fast Fashion Producers

As Myanmar opens up after decades of isolation, cheap labor is drawing a rush of garment manufacturers to the former pariah state. [This article was originally published by Glammonitor. Just five years ago, Myanmar was isolated from the rest of the world. Considered a pariah state, the Southeast Asian nation was ruled with an iron […]

For businesses in Myanmar, the promise is unfulfilled

Six years ago, Jon North started collecting data on Myanmar. He bought maps, secured satellite imagery and started scouting. He has travelled the world kicking rocks, and liked what he saw in the Southeast Asian nation. A banana-shaped arc of young volcanic rock curves through the Southwest Pacific, and its gold deposits have fed rich […]

Woman brings hallyu to Myanmar

“Hallyu,” or the Korean wave, is now sweeping Myanmar. Korean TV shows and dramas are enthralling viewers of the Southeast Asian nation’s terrestrial channels every day. Teenagers in Myanmar have become familiar with Seoul streets and even Korean historic figures such as King Sejong the Great and Admiral Yi Sun-sin of the Joseon Kingdom. Eum […]

Korea promotes investment in Myanmar

Officials from the public and private sector in South Korea and a delegation from Myanmar will discuss the investment potential of the Southeast Asian nation in Seoul on Tuesday. They are to meet organizers from the ASEAN-Korea Center and the Korea Chamber of Commerce and Industry at the 2014 Investment and Business Environment Seminar on […]

Foreign Investors In Myanmar Can Help Lift The Nation Out Of Its Economic and Political Strife

Myanmar is a strange, two-sided coin. On the one hand, the country’s recent inflow of foreign investment and the government’s economic reforms seem to promise great growth for the impoverished Southeast Asian nation; on the other hand, genocides, protests, religious clashes and sectarian violence continue to afflict the country. While it will without a doubt […]