What do Local and International Businesses Make of The Belt and Road?

Businesses in Myanmar generally welcome the Belt and Road Initiative’s (BRI) investment boost for the country’s infrastructure development. Some urged Myanmar to be more proactive in navigating its involvement in the scheme. Many emphasised the importance of transparency, public engagement and adhering to international practices. But some have also expressed reservation and scepticism against China’s ambitious […]

Investor-Friendly Environment and Human Capital Essential for Myanmar’s Success in the Belt and Road Initiative

The Belt and Road Initiative: interview with Jonathan Woetzel, McKinsey senior partner and MGI director Jonathan Woetzel, senior partner of McKinsey & Company and director of the McKinsey Global Institute (MGI), told The Myanmar Times that success of the Belt and Road Initiative (BRI) in Myanmar would depend on the country creating an investor-friendly environment […]

China’s New Economic Priorities Offer ‘Exit Strategy’ on Myitsone Dam

New financial constraints imposed by Beijing to deal with China’s bloated economy could lead to the controversial Myitsone hydroelectric dam project in northern Myanmar being quietly abandoned. The Naypyidaw government has been under pressure from China Power Investment Corporation (CPI) to lift a suspension of construction imposed in 2011 by President Thein Sein, but new […]

BLP launches Myanmar partnership and Asia network

Berwin Leighton Paisner (BLP) has become the latest firm to move into Myanmar through a tie-up with local firm Legal Network Consultants (LNC). The Yangon-based firm is headed by Khin Mar Aye and the relationship is part of BLP’s newly-launched Asia network, which it will use to join up with other local firms across the […]