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Govt risks derailing economy despite legislative reforms

Candid comments from businesses expose this govt’s leadership and policy void in managing the economy, with no vision and little action. As the administration concludes its second year, it has yet to deliver. BUSINESS leaders, in rare candour, have expressed strong reservations and wide-ranging criticism over the current government’s approach to the economy as it […]

Second law firm exits Myanmar, calls Companies Law delay a mistake

The govt has a mentality that, if something has to be done, “all you need to do is to pass a new law and that’s going to solve the problem.” It’s time to focus on communications with the private sector and actual implementation. Following New York-based Herzfeld & Rubin PC (H&R), another major law firm, […]

Japanese Businesses Express no Interest in Dawei or Kyaukphyu SEZ

Interview with Katsuji Nakagawa from the Japan Chamber of Commerce and Industry in Myanmar Japanese businesses have not indicated any interest in Dawei SEZ or Kyaukphyu SEZ, and see the lack of reliable power supply as the biggest challenge in Myanmar, the chair of the Japanese Chamber said. Katsuji Nakagawa, chair of Japan Chamber of […]

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 […]