Myanmar’s New Struggle: Keeping Foreign Investors Happy

A pariah state for decades, Myanmar’s recent emergence from economic isolation has attracted foreign companies and investors intrigued by the Southeast Asian nation’s untapped potential, abundant natural resources and low wage workforce. The first U.S. fast food restaurant, KFC, opened in 2015 and other assorted Western and Asian brands have popped up across the nation’s […]

Indonesia’s Lippo Group looking to invest in Myanmar, Cambodia

Indonesian conglomerate Lippo Group is studying a plan to invest between $600 million and $1 billion in the hospitality, healthcare and education sectors in Myanmar and Cambodia, the Investor Daily reported, quoting Chief Executive James Riady. Lippo’s hospital operator unit, PT Siloam International Hospitals Tbk, plans to open 12 hospitals in Myanmar and has gained […]