Soccer Diplomacy in Singapore’s ‘Little Burma’

SINGAPORE — A goal kick away from the Toa Payoh Stadium are reminders of the once-close ties between Myanmar and this Singapore neighborhood, home to the Burmese Buddhist Temple and streets named for the towns and rivers of the Golden Land. The arena hosts Balestier Khalsa Football Club, of Singapore’s professional soccer league, and sits […]

Myanmar opens Thilawa SEZ to foreign insurers

Myanmar is opening up its Thilawa special economic zone near Yangon to international insurance companies — part of a market liberalization effort expected to gain momentum this year. The government does not allow foreign insurers to offer their services outside of Thilawa — a Myanmar-Japanese joint venture and the country’s only operational SEZ. Only three […]

Hydropower threatens peace in Myanmar — but it doesn’t have to

Myanmar faces a critical moment for investment decision-making. The Barack Obama administration’s move to lift sanctions on the Southeast Asian country has opened up new opportunities. But the moves that are made today will send political and economic ripples into the future, and the international community must act responsibly. China wants to finance a 3,600-megawatt […]

Paw San Rice: Myanmar’s ticket back to the international stage?

It all started with a plate of fried rice. It was a simple, perfectly balanced dish: a handful of plump prawns, some shallots and diced vegetables. All resting atop a mound of fragrant (and locally grown), long-grained Paw San rice, with each grain distinct and curling at the ends like a baroque version of Basmati. […]

Myanmar Opens Talks with Thailand on Reciprocal Banking Access

BANGKOK — The central banks of Thailand and Myanmar agreed Sunday to start talks on granting access to designated banks in each other’s markets, marking a small step forward in the financial integration of the Association of Southeast Asian Nations. For Thailand, Myanmar is the third country to enter bilateral discussions on bank access, following […]

Aeon’s Myanmar debut marks milestone in reform

August 14, 2016 7:00 am JST A new joint venture will take over Orange stores like this one in Yangon. YANGON — The approval of Japanese retailer Aeon to open up shop in Myanmar is a hallmark of the country’s economic reforms, a result of efforts by the new government overseen by Aung San Suu […]

Qatar’s Ooredoo digs into Myanmar, says to target the mass market

* Plans to invest $350 mln in 2016, says to widen distribution * Dismisses suggestions of Myanmar exit * Ooredoo smallers telecom operator by subscriber numbers YANGON, Jan 29 Qatari telecoms firm Ooredoo is investing more in Myanmar this year in a bid to broaden its appeal, the head of its local unit told Reuters, […]

Business leaders endorse single visa for five Southeast Asian

Tourists will be able to visit five Southeast Asian nations on a single visa under a scheme recommended Monday at a regional business forum in Nay Pyi Taw according to the Global New Light of Myanmar on 23 June. The recommendation was one of six made by the Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) Joint […]

As China slows, can Myanmar benefit?

THE news out of China is about a “new normal” of slower economic growth – down to about 7 percent. But at the recently concluded 2015 Asia-Pacific Council of American Chambers of Commerce (APCAC) held in Singapore, the focus was on the growth potential of the 10 nations comprising the Association of the Southeast Asian […]

Myanmar needs more infrastructure

MUSE, Myanmar — Towering apartment blocks are going up on the northern bank of the Shweli River in the border town of Ruili, in China’s Yunnan Province. On the opposite river bank, in Myanmar’s Shan State, the ground is being prepared for something similar in Muse. In the late 1930s, the ancient trade and migration […]