Banking on Satellite Communications

Richard Bowles, regional managing director for ASEAN at Arianespace, which launches satellites, is convinced banks’ struggle to reach Myanmar’s unbanked population will end with the launch of its first satellite, slated for some time next year. “Satellites are an important part of a country’s economic development. Looking at Myanmar’s satellite leasing capacity, it’s a good […]

A 500 billion political land mine and Myanmar’s gaping budget

Growth retardation of the agricultural sector connects too many aspects of economy issues such as lack of investment, lack of industrialization, obstacles in producing and distribution of goods, high unemployment rates, etc. It is a high priority economic policy that the new government must endeavor to implement as the development of the agricultural sector directly […]