The European Union is threatening to slap tariffs on Asian leaders who abuse their power, a move that risks upending several key garment-producing nations in the region. Last month, the EU told Cambodia it would start the process of withdrawing tariff-free access for most goods under the “Everything But Arms” initiative, saying its July election […]
Analysis: Yangon Public Losing Patience With Mercurial Chief Minister
October 16, 2018 by
Of Myanmar’s 14 state and regional chief ministers, few have seen such highs and lows in terms of their public approval as Yangon’s U Phyo Min Thein. In 2016, the country’s biggest nationalist group, Ma Ba Tha, threatened to target him with a nationwide protest after he vowed to wipe the group out. In response, […]
Myanmar may lose EU trade privileges
October 10, 2018 by
The European Union warned Myanmar on Friday it could lose trade privileges over its “blatant violation of human rights”, as the international backlash over the Rohingya crisis grows. EU Trade Commissioner Cecilia Malmstrom said a fact-finding mission would arrive in Myanmar soon to assess whether the highly preferential tariff arrangement Myanmar enjoys, known as “everything […]
What the US Can Learn from China and India’s Engagement With Myanmar
August 15, 2018 by
Washington and Brussels recently levied new economic sanctions against certain Myanmar military officers in connection with the atrocities of the Rohingya crisis unfolding in the country’s western Rakhine state, where thousands of the Muslim minority group have died and hundreds of thousands more have fled across the border to Bangladesh. The United Nations High Commissioner […]
Zhenrong Goes Belly-Up In Myanmar,Is Caracao next?”
December 15, 2017 by
The multi-billion-dollar oil refinery that was to be constructed by Guangdong Zhenrong Energy (GZE) in Myanmar failed miserably. This was confirmed last week by the Myanmar Investment Commission. Myanmar decided to cancel the project after it has seen “absolutely no progress at all” in the two years since GZE was awarded the contract to build […]
Yangon Stock Exchange looks for Belt and Road boost
September 26, 2017 by
The Yangon Stock Exchange, launched in December 2015, expects to enjoy indirect benefits from China’s Belt and Road Initiative as more Sino-Myanmar joint ventures are set up and demand for capital increases. “China is a major economic and trade partner with Myanmar. Myanmar’s enterprises need to grow together with their Chinese counterparts,” said Thet Htun […]
China faces tougher laws in Myanmar
September 3, 2016 by
In the wake of the controversial Myitsone dam, Aung San Suu Kyi is demanding more from investors involved in high risk projects, reports Vicky Bowman A new government took power in Myanmar on March 31, 2016, led in practice, if not on paper, by Daw Aung San Suu Kyi. Governments and businesses around the world are keenly […]
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