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 […]

ANZ faces Myanmar bank hurdles

THE ANZ Banking Group is bidding for a banking licence in Myanmar but faces major challenges in doing so. UP to 40 institutions are lining up to open offices in the country, even as the central bank is set to impose tough operational restrictions. Myanmar is undergoing major economic reforms and liberalisation in the process […]