Foreign business takes stock of the NLD

As Myanmar prepares itself for historic elections in November, Daw Aung San Suu Kyi’s National League for Democracy (NLD) encourages voters to “vote for change”, a slogan that has left investors worried about what that would mean for their businesses. The uncertainty about the NLD’s economic policy stems largely from a campaigning environment in which […]

Accor hotels set for further expansion

French hotel group Accor is set to expand its Myanmar presence with three budget properties, following its return to the country in 2013. The group will manage two properties in Yangon and one in Bagan under its Ibis brand, according to Accor’s local partner, property developer U Thant Zin Tun, a key member of Myanmar […]

Secretary of State beds down with blacklisted businessman

US Secretary of State John Kerry touted the significance of what remains of his country’s sanctions regime against Myanmar on Sunday, describing it as a sign that Washington is keen to avoid rushing its engagement with Nay Pyi Taw. But the strength of his message, which talked up the importance of targeted sanctions, was tempered […]