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 […]

Ahead of Suu Kyi visit, Obama weighs Myanmar sanctions relief

The United States is considering further easing or lifting sanctions against Myanmar around the time of a White House visit this month by the country’s new leader, Aung San Suu Kyi, U.S. officials told Reuters. President Barack Obama is expected to decide on the extent of the sanctions relief after consultations between Suu Kyi and […]

In Myanmar, the AIIB Could Buttress China’s ‘One Belt, One Road’ Framework

The Asian Infrastructure Investment Bank could come to play a greater role in Myanmar. Is the Asian Infrastructure Investment Bank (AIIB) just another vehicle for spreading Chinese geoeconomic primacy throughout the Asia-Pacific? Earlier this year, reflecting on the bank’s first projects, I argued that such fears were overwrought. The AIIB, with modest partnership-based undertakings along with […]

Buddhist nationalists protest Myanmar govt’s policy on naming Rohingya

NAYPYITAW, Myanmar – The National League for Democacy government argues that saying either Bengali or Rohingya is unnecessary, inflammatory and appears to believe it’s own term will help to reduce tensions. Buddhist hardliners on Sunday staged protests across Rakhine state against the National League for Democracy government’s (NLD) call for Rohingya Muslims to be referred […]

Thailand should look hard at the changes in Myanmar

THE THAI government needs to pay more attention to political developments in Myanmar and its capital Nay Pyi Taw. It doesn’t matter whether|Aung San Suu Kyi is able to assume the presidency First and foremost: the nature of the new administration in Nay Pyi Taw is totally different from the outgoing one and notably from […]

China says still trying to resolve stalled Myanmar dam scheme

China is pursuing efforts to resolve the problem of a stalled dam project in Myanmar, its foreign minister said on Tuesday, adding that Beijing had confidence in the incoming government of democracy leader Aung San Suu Kyi’s party. BEIJING: China is pursuing efforts to resolve the problem of a stalled dam project in Myanmar, its […]

Aung san suu kyis party rebuts fake Myanmar president release

YANGON (AFP) – Aung San Suu Kyi’s pro-democracy party on Monday (March 7) denounced as “fake” a widely circulated letter purporting to reveal its choice of proxy Myanmar president, as speculation over who will take the role reaches fever pitch. Suu Kyi and her National League for Democracy (NLD) have kept a tight lid on […]

Myanmar admits more foreign banks ahead of NLD accession

BANGKOK — Myanmar has given preliminary operating licenses to four more foreign banks, following the government’s decision in late 2014 to grant licenses to an initial nine foreign banks. The move — just before a new administration led by Aung San Suu Kyi takes over on April 1 — highlights a rush by the incumbent […]

Myanmar military to maintain political role, president says

Myanmar’s military will maintain its role in politics in order to support a transition to democracy but will eventually submit to civilian rule, President Thein Sein said in an interview broadcast on Friday. YANGON: Myanmar’s military will maintain its role in politics in order to support a transition to democracy but will eventually submit to […]

Myanmar president hosts rare Suu Kyi talks amid constitution debate

YANGON: Myanmar President Thein Sein had a rare meeting on Monday (Mar 2) with opposition leader Aung San Suu Kyi to discuss constitutional changes and the first election under the country’s new democratic system, a minister said. It was the fifth round of talks between the two since the Nobel laureate’s release from house arrest […]