fbpx

NLD government to face tougher challenges in 2018

Among the many countries struggling for democracy, some succeed, some fail, while others slide back after a few measures of success. Myanmar is one of these countries, which recently gained democracy through peaceful reforms and elections but now appears to be sliding back to its old draconian ways. After more than 20-year military rule, the […]

Currency depreciation, policy changes a barrier to motorisation

Myanmar will reach the income level required to become “motorised” before neighbours Laos and Cambodia, but policy changes and currency instability threaten to undermine the market. As incomes rise, new vehicle sales are likely to increase. Myanmar citizens will reach the level of income required for motorisation to take off by 2019. Laos will reach […]