Asean awaits – nervously – a new Myanmar

After a successful election early last month, which handed down a landslide victory to Daw Aung San Suu Kyi’s National League of Democracy, there is a growing sense of anxiety within Asean about what kind of a new Myanmar is emerging. Asean leaders understand too well the grouping’s most famous nemesis, Suu Kyi, is going […]

America’s estrangement from Thailand

The American public increasingly thinks of Thailand as unstable, a perception fueled by official criticism of Thailand’s politics. Although this criticism is partially driven by developments in Thailand, it is also a result of uncoordinated and reactionary foreign policy. A recently released movie, No Escape, features an American family desperately trying to flee from an […]

Rights groups call on Obama to renew sanctions

A coalition of 29 human rights groups issued a statement on Tuesday urging US President Barack Obama to continue the country’s policy of “national emergency” with respect to Myanmar, which is set to expire later this month. A number of sanctioning tools remain at the disposal of the US State Department and Treasury, although most […]

OBG Report Charts Myanmar’s Development as FDI Rockets

UK-based publishing, research and consultancy firm Oxford Business Group (OBG) published its first country report on Myanmar which sheds light on the country’s new investment law, wide-ranging reforms and emerging economic sectors, the firm announced. With most Western sanctions now lifted and a new mining law in the pipeline, “The Report: Myanmar 2014” charts the […]

US Exim Bank Raises Hopes in Myanmar With Credit Offer

YANGON — Local businesses are hoping for more foreign investment in Myanmar, after the Export and Import Bank of the United States (Ex-Im Bank) began offering credit for trade with the country last week. US businesses are considering their options in Myanmar, after staying away for over a decade due to economic sanctions imposed on […]