US to renew most Myanmar sanctions with changes to aid business

WASHINGTON: The United States plans to renew the bulk of its sanctions against Myanmar when they expire next week, but will make some changes aimed at boosting investment and trade, according to several senior U.S. officials and congressional aides. An announcement on extending much of the International Emergency Economic Powers Act, or IEEPA, could come […]

Citi and StanChart set to advise Myanmar on first credit rating

Citigroup Inc and Standard Chartered Plc are set to advise Myanmar on its first credit rating, according to people with direct knowledge of the matter, paving the way for the country to issue its maiden international bond. After decades of isolation from international capital markets under military rule, Myanmar faces a widening current account deficit […]