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Deepwater Myanmar could create long-term growth

Deepwater E&P activity offshore Myanmar might pick up, argues Clarksons Research, which could create opportunities for vessel owners, despite a cabotage market in the country. Clarksons said that recent deepwater gas discoveries offshore Myanmar have bolstered the confidence of oil companies sufficiently for them to start planning deepwater drilling campaigns, in spite of weaker energy […]

Myanmar president hails ‘triumph’ of democratic transition

President Thein Sein hailed the “triumph” of Myanmar’s transition of power Thursday, addressing a military-dominated parliament for the final time before a handover to Aung San Suu Kyi’s pro-democracy movement. The Southeast Asian nation, choked for decades under junta rule, is on the cusp of a remarkable political transition after Suu Kyi’s National League for […]

Uncertainty as political transitions loom in CLMV

  Mainland South-east Asia is set for a year of uncertainty and potential friction as sensitive political transitions loom, especially in Thailand and Myanmar, and external economic factors, like the slump in commodity prices and China’s slowdown, take the steam out of regional economies. Vietnam is set for a party congress early this year, which […]