Will Myanmar’s government cancel Woodside Petroleum Limited’s contracts?

Woodside Petroleum Limited’s (ASX: WPL) dealings with the brutal Myanmar government appear to be getting murkier.The energy company has been touting the prospective lucrative returns it hopes to gain from its investment in Myanmar. “Woodside is one of the largest offshore petroleum acreage holders in Myanmar,” according to the company’s website “Collectively, our nine permits […]

Yangon Stock Exchange looks for Belt and Road boost

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

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 […]

Myanmar to reform police force following UN report

YANGON: A more comprehensive training system may be introduced for police officers in Myanmar after authorities acknowledged that the lack of such a system may have led to officers previously using excessive force on protesters. One such incident that caught international attention was in March 2015, when officers were seen using force on students demonstrating […]

Business lobby calls for U.S. to drop sanctions on Myanmar

WASHINGTON — The U.S. business lobby says it is high time to drop the remaining U.S. sanctions on Myanmar, but human rights activists and U.S. lawmakers say not so fast. Former political prisoner Aung San Suu Kyi is now running the government after winning elections. Still, the military continues to wield considerable power. That poses […]

US to renew most Myanmar sanctions with changes to aid business

WASHINGTON: The United States plans to renew the bulk of its sanctions against Myanmar when they expire next week, but will make some changes aimed at boosting investment and trade, according to several senior U.S. officials and congressional aides. An announcement on extending much of the International Emergency Economic Powers Act, or IEEPA, could come […]

Canadian-run Yangon Bake house changing women’s lives in Myanmar

  YANGON, Myanmar — It’s 6 a.m. and a small kitchen tucked away at the back of a house in Yangon, Myanmar is buzzing. Women are hard at work measuring and mixing ingredients to make the day’s batch of baked goods. The women work away, occasionally sharing stories and laughing softly as they go. Across […]

In Burma, a Fine Line Between CSR and Karmic Cash

RANGOON — It was perhaps inevitable that Burma’s business sector would struggle with the idea of corporate social responsibility (CSR), operating in a country of high charitable giving and stark contrasts between its wealthiest and poorest citizens. At least in part, this stems from the reality that CSR, as a concept, has only caught on […]

How Will Myanmar’s Past Play Into Its Post-Election Future?

Post-election horse-trading has begun in earnest in Myanmar, hinting at the contours of a new power-sharing arrangement between elected and military forces. As National League for Democracy leader Aung San Suu Kyi holds private meetings with senior military leaders, including an unprecedented session with influential former dictator Senior General Than Shwe, questions are rising about […]

Asean awaits – nervously – a new Myanmar

After a successful election early last month, which handed down a landslide victory to Daw Aung San Suu Kyi’s National League of Democracy, there is a growing sense of anxiety within Asean about what kind of a new Myanmar is emerging. Asean leaders understand too well the grouping’s most famous nemesis, Suu Kyi, is going […]