Myanmar’ economy is in worse shape this year compared to 2017 and 2016, according to the Business Sentiment Survey for the second quarter of 2018 conducted by the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) . The results of survey were released during 2nd B4B Insights Forum organised by UMFCCI on […]
Economic outlook negative: UMFCCI
August 29, 2018 by Thiha
Filed Under: Latest News Tagged With: B4B Insights Forum, Business Sentiment Survey, economic, economic conditions, export, High Taxes, import, manufacturing, Myanmar economy, real estate, Services, tariffs, trade sectors, UMFCCI, volatile exchange rates
Far from a ‘debt trap’, China’s belt and road allows countries like Myanmar to leapfrog poverty
July 16, 2018 by Thiha
Andre Wheeler says Western critics overlook the holistic and long-term benefits that China’s multilateral infrastructure investment programme brings to countries like Myanmar. What’s more, they aren’t offering any alternatives A plethora of articles have discussed the risks associated with China’s Belt and Road Initiative. The discussion is often portrayed within a “winners versus losers” framework, […]
Filed Under: Latest News Tagged With: “debt trap”, 2017 Belt and Road summit., African, Beijing, China, China-Myanmar economic corridor, China's Belt and Road Initiative, China’s foreign minister, clean coal technology, construction, credit rating, development banks, economic conditions, electricity, energy market, fossil fuels, GDP levels, Heritage, Infrastructure Projects, KYAUK PHYU SPECIAL ECONOMIC ZONE, Kyuak Phyu deep water port projects, lung disease, Malaysia, Myanmar, Myitsone dam hydro power, North Korea, Pakistan, return on investment, Sri Lanka, United Nations, United States, Wang Yi