Myanmar Is Next Vietnam With 10% Growth: British Diplomat

Myanmar could be the next Vietnam or Thailand, with the economy having the potential of growing as much as 10 percent, a senior British diplomat said. The Southeast Asian nation, which is opening its economy to investors after decades of military rule, has to overcome challenges including a shortage of power supply, lack of policy […]

Dealmaking excitement builds over beers in newly opened Myanmar

YANGON (Bloomberg) – A scorching May day in Myanmar calls for beers and loosened neck ties. At newly opened Harry’s Bar in Yangon, investors talk opportunities over draft lagers, jalapeno steak sliders and fries. Several private equity types and company executives are gathered around Ms Jasmine Thazin Aung, an energetic and bubbly Yangon-based executive director at […]

Business school opens in Yangon

Yangon has a new school focused on finance, with the aim of boosting Myanmar’s pool of educated business people. The Myanmar Institute of Business, which is located on the first floor of Myanmar Plaza, currently offers seven courses and can help students prep to gain an international certification, the CFA (Chartered Financial Analyst). Its list […]

Canada’s largest insurance firm opens Myanmar office

Canadian insurance firm Manulife Financial Corporation has opened a representative office in Yangon, returning after a seventy year absence, according to Bloomberg. Manulife – the largest life insurance firm in Canada – formerly operated in Myanmar from 1903 to 1942, before leaving during World War II. “We’re convinced Myanmar is on the threshold of a […]