Economic reform is getting a second wind in Myanmar as the government tries to lure back foreign investors scared away by reports of human rights abuses against the country’s Rohingya Muslim minority. The government has announced the easing of restrictions on foreign banks and the creation of a new ministry to oversee foreign investment in […]
Suu Kyi’s Myanmar Problem: Where’s the Economy?
YANGON, Myanmar — Aung San Suu Kyi came to power last year with a laser focus on ending the insurgencies that have dogged Myanmar for decades. The consuming nature of that goal has led to a new problem for the Nobel laureate: falling investor confidence in her ability to manage a fast-opening $67 billion economy. […]
Myanmar census data undercuts Buddhist hardliner claims
NAY PYI TAW: Muslims make up just over two per cent of Myanmar’s population, government census figures showed on Thursday (Jul 21), undercutting claims by Buddhist hardliners that Islam poses a threat to the dominance of their faith. Full details from the 2014 count, the first of its kind in decades, was withheld for almost […]
US human trafficking report blacklists Myanmar
WASHINGTON: The United States on Thursday blacklisted eight more countries for failing to combat human trafficking, including fledgling democracy Myanmar, but was criticised for taking an easier line on Thailand. Announcing the release of the State Department’s annual human trafficking report, Secretary of State John Kerry insisted the rankings were based on objective criteria, and […]