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Tag Archives: Myanmar
Chinese Troops Getting “Battle Ready” In Yunnan
Feb. 27 – The Chinese state news agency Xinhua has reported that Chinese troops have been undergoing intensive training near Yunnan’s border with Myanmar as fighting intensifies between Myanmar’s Government forces and the Kachin separatists. Some military shells have already landed in West Yunnan, leading China to step up its surveillance of the deteriorating situation. Burmese civilians in the region have apparently been seeking shelter from family and friends in Yunnan to escape the fighting. Peace talks have been held both in Chiang Mai in Thailand and in China’s border city of Ruili, however no progress appears to have been … Continue reading
Myanmar’s Stateless
There are 2 million stateless persons scattered across Myanmar and an estimated 400,000 of them are of Indian origin. As India participates in Myanmar’s rejuvenation, can it also use effective diplomacy to advance minority rights in the country? By Venessa Parekh Jul. 23 – Even as the world smiles benignly at the democratic opening up of Myanmar and the extended foreign tour of its Leader of the Opposition, Aung San Suu Kyi, the country’s complex domestic dynamic, hidden for years, has surfaced. The spillover of the sectarian violence that began in early June has simultaneously exposed the difficulties of democratization … Continue reading
Posted in Culture & History
Tagged Chinese Diaspora, Ethnicity, Indian Diaspora, Myanmar, Rahingya, Religion
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Asia Briefing Report: An Introduction to Doing Business in Myanmar
Asia Briefing, in cooperation with its parent firm Dezan Shira & Associates, has just released a new 28-page report introducing the current business environment in Myanmar. This guide, titled “An Introduction to Doing Business in Myanmar,” is immediately available as a complimentary PDF download on the Asia Briefing Bookstore. Continue reading
Posted in Business, Featured
Tagged Asia Briefing, Dezan Shira & Associates, Myanmar, Myanmar FDI
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India’s Singh Visits Myanmar to Discuss Trade, Connectivity and Energy
Indian Prime Minister Manmohan Singh held talks and signed a slew of agreements with Myanmar’s President Thein Sein on Monday. Singh’s visit marked the first time an Indian leader has traveled to the strategically located country in 25 years.
Photo: Reuters
Posted in Business, Culture & History, Featured, Politics
Tagged Aung San Suu Kyi, Manmohan Singh, Myanmar, Thein Sein
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Myanmar to Allow Foreign Banks Market Access
May 21 – The Myanmar government has brought forward the date of permitting foreign banks access to the country by 12 months, Nay Aye, one of the two deputy governors at the country’s central bank said on Friday. Banks from the ASEAN region will be allowed to set up operational branches by 2014, while banks from other countries will be able to establish joint ventures within the same time-frame, he was reported as saying.
Posted in Business, Finance, Markets
Tagged ASEAN, Myanmar, Myanmar Banking, Myanmar Reform
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Myanmar Investment Legal, Tax and Operational Issues
As the United States has just eased its financial sanctions against Myanmar, now seems an appropriate time to take a look at the actual situation on the ground there and the opportunities for foreign investment. Continue reading
Posted in Business, Featured, Foreign Trade, Markets
Tagged Burma, Myanmar, Myanmar FDI, Myanmar Legal, Myanmar Operational, Myanmar Regulatory, Myanmar Tax
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Myanmar to Lift Global Payment Restrictions
Move will boost ability for businesses to buy and sell May 15 – Myanmar will lift its existing restrictions concerning international payments and transfers by the end of this year, according to the International Monetary Fund, making it easier for businesses to trade in and with the country. The government is expected to finalize the unification of the existing system of multiple exchange rates also by this time, following the Central Bank’s decision to scrap the 35-year-old fixed exchange rate last month. The fixed rate had created a huge black market for U.S. dollars within a country with barely any … Continue reading