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 Firms Feel Pinch From Abroad

YANGON, Myanmar—The world’s biggest consumer companies are flocking to Myanmar, filling the once-pariah nation and its backward economy with goods previously unavailable to its 60 million people. But not everyone is happy. Some of the country’s biggest conglomerates—plugging away at the cash-strapped market for decades and fighting hard to grow despite crippling Western sanctions—are now […]

Pacific Alpine to distribute Chevrolets in Myanmar

General Motors Southeast Asia Operations recently enlisted Pacific Alpine for distribution, sales and servicing in Myanmar, with the first Chevrolet showroom scheduled to open next quarter. Models will be sourced from GM’s manufacturing facilities around the world to meet the specific requirements of consumers there. Southeast Asia Operations president Martin Apfel said this was a […]