Local banks want partners in order to build capacity

With some foreign banks expected to begin operating in 2014, bankers are increasingly looking to the government and finance organisations to get them up to speed Despite continued efforts on the part of local banks to upgrade services ahead of the anticipated inclusion of foreign competition, bankers claim that they will require outside help in […]

Undergrads Return to Crumbling Yangon University

YANGON — The campus is overrun by a tangled web of weeds and vines. Many of the books in the open-air library are ancient, their pages yellow. Students will have to share a handful of donated computers and put up with slow-speed Internet, at least at first. And professors are struggling to catch up with […]

In Myanmar, Newly Free Media Struggle to Turn a Profit

YANGON, Myanmar — Myanmar’s journalists celebrated this year when the government lifted a five-decade ban on private newspapers. But six months after a dozen dailies rushed into production, journalists who had withstood the wrath and cruelty of a military dictatorship are struggling against something much more mundane: market forces. Despite expectations of pent-up demand, publishers […]