Burma

article placeholder

Myanmar Government Blocks Project near Sacred Pagoda

In a sharp turnaround, the Myanmar government has blocked a plan already underway by international developers to redevelop 22 acres of former military land near Yangon’s spectacular Shwedagon Pagoda, one of Bud...
article placeholder

Myanmar Economic Outlook: Mixed

Myanmar’s business development prospects in 2015 are forecast to be mixed as the country grapples with a variety of problems ranging from domestic political uncertainty to outside economic influences beyond its...
article placeholder

Burma to Begin Rice Exports to NE India

Burma, whose rice-growing regions were devastated by Typhoon Nargis in 2008, which killed at least 138,000 people, is putting the final touches on a major export deal with India, set to begin this month. The...
article placeholder

Myanmar and the Stone of Heaven

Hpakant, a township in Kachin State, in northeastern Myanmar, is a living tapestry of Hieronymous Bosch’s Garden of Earthly Delights – a hell on earth of unbridled heroin addiction, violence and rampant HIV. ...
article placeholder

Yangon Lights Up

On the industrial outskirts of Yangon, a rusted chimney exhales wisps of white smoke as a three-decade-old gas-fired power station chunters on. Just meters away on the same compound in Thaketa Township, a low m...
article placeholder

Foreign Investors Face Myanmar Gamble

Over the past 12 months Myanmar has received over US$3.6 billion of foreign direct investment, an increase of nearly 300 percent, according to government figures released in February. Despite this encouraging n...
article placeholder

Businessmen Flock to Myanmar

Myanmar’s potential as the new frontier is wooing hundreds of businessmen piling into the country despite formidable challenges. More than 300 of them from China, Hong Kong, Singapore and Vietnam earlier this w...
article placeholder

Myanmar’s Anti-Money Laundering Drive

Myanmar looks set to get a new law to counter money laundering soon, but the country still faces numerous challenges in curbing financial crimes. Last Thursday the Upper House passed an Anti-Money Laundering...
article placeholder

Burma Development at Risk From Thai Crisis

The political crisis gripping Thailand is jeopardizing key economic infrastructure developments and other potential investment in Burma, reports warn. The crisis has all but paralyzed Bangkok government and ...
article placeholder

Capitalism Ominously Comes to Myanmar’s Forests

Plantation farming is expanding rapidly in Burma and is emerging as the main driver of deforestation, according to a new report released earlier this week saying politically connected businessmen are receiving ...