Ban on Burmese Gemstones Lifted, Task Force Visits Myanmar- AGTA

October 24, 2016 – Dallas, TX — Responding to the concerns of its members regarding U.S. sanctions and perceptions of the Myanmar Gem and Jade sectors, the American Gem Trade Association (AGTA) developed a coalition of the U.S. Jewelry Industry to make a scoping mission to Myanmar. This mission was similar to past AGTA efforts […]

Myanmar Firms Ponder Change As US Sanctions End

The end of US sanctions on Myanmar is forcing local businesses to take a hard look at their operations and consider how they will compete when international firms have gained a significant foothold in the country’s major industries, local economists and entrepreneurs have said. “People have said the reason Myanmar produces lower quality goods is […]

Myanmar Will Be Able to Play US Game ‘Battlefield 1’ After Being Abruptly Cut Off

A Burmese Reddit user named trivia_sublime commanded the attention of the site’s home page this morning after he reported that Electronic Arts had blocked users in Myanmar from using its digital distribution platform Origin following a recent update, reportedly in compliance with U.S. sanction laws. The internet rallied to his cause, to put it lightly. At the […]

US terminated remaining sanctions against Myanmar on 7 Oct 2016

On 7th October 2016 – President Obama signed the Executive Order to terminate the remaining economic and financial sanctions against Myanmar that make it very difficult for US banks, financial institutions and companies to do business with Myanmar. That means the following group of people and entities have been removed from the US Sanction List […]

The Land Rush in Myanmar

After decades of military rule, Myanmar at last has a democratically elected government. Longtime opposition leader Aung San Suu Kyi’s party took charge in March, with her ally Htin Kyaw becoming president and the Nobel laureate herself serving as foreign affairs minister. In response, the U.S. last month announced a partial rollback of economic sanctions […]

US Blacklists Myanmar Lawmaker Aung Thaung ahead of Obama’s visit

WASHINGTON — The U.S. Treasury on Friday blacklisted a hard-line lawmaker of Burma’s ruling party, accusing him of undermining political and economic reforms. Human rights activists step welcomed the action against Aung Thaung, who was industry minister under the former ruling junta and a leader of a pro-military organization blamed for mob attacks. His family […]

U.S. Companies Investing in Myanmar Must Show Steps to Respect Human Rights

WASHINGTON — When the Obama administration lifted economic sanctions on Myanmar last year, encouraging American investments after decades of treating the nation as a pariah, it did so with a significant caveat. President U Thein Sein of Myanmar in the Oval Office in May, where he met with President Obama. For the first time, effective […]