Aung San Suu Kyi

Suu Kyi warns US, EU not to be over optimistic about Myanmar 0

Aung San Suu KyiSource: Eleven Myanmar

Myanmar’s democracy leader Aung San Suu Kyi has warned the United States and the European Union not to be over optimistic about Myanmar during her second European trip, according to Vatican Radio.

The Vatican Radio reported that the Nobel Laureate has said Myanmar is still not a democracy nation even though it has been freed from military rule and has been undergoing reforms. More…

Aung San Suu Kyi to visit Singapore 0

Aung San Suu KyiSource: Bloomberg

Myanmar’s democracy icon Aung San Suu Kyi is expected to make her first visit to Singapore in September.

She is slated to give a keynote address entitled “Myanmar in Transition” at the second Singapore Summit conference which will be held from September 20 to 22. More…

Suu Kyi says Myanmar needs stronger political parties 0

MYANMAR-POLITICS-PARLIAMENTSource: Radio Free Asia

Myanmar opposition leader Aung San Suu Kyi called Tuesday for stronger political parties so that democracy could flourish in the country and asked citizens to scrutinize lawmakers’ performance more closely.

Speaking after a parliamentary session in the capital Naypyidaw, the 67-year-old Nobel Peace laureate said that as the country emerges from decades under military rule, citizens should focus on how well parties representing them in parliament are shaping the country’s future. More…

Why GE’s Myanmar Venture Has not been Easy 0

GE is looking for places like Myanmar, situated in a strategic saddle between India, China and Southeast Asia.

GE is looking for places like Myanmar, situated in a strategic saddle between India, China and Southeast Asia.

Reposted from Forbes India
By Simon Montlake

In the midday haze outside the Thingaha Hotel in Naypyidaw, the new capital of Myanmar, the national flag droops alongside the Stars and Stripes and General Electric’s corporate logo. Inside the Grand Ballroom the staff scurries with last preparations for a meticulously planned gala dinner. Heading up this coming-out party is Stuart Dean, a blue-eyed, rawboned American and GE’s chief for Southeast Asia. More…

What the world should know about Myanmar’s regime change 0

Aung San Suu Kyi (R) paying her respects to her father General Aung San and eight other leaders who were assassinated on July 19, 1947, as Myanmar marks the 66th anniversary of Martyrs' Day at the Martyrs' Mausoleum in Yangon on July 19, 2013. AFP PHOTO

Aung San Suu Kyi (R) paying her respects to her father General Aung San and eight other leaders who were assassinated on July 19, 1947, as Myanmar marks the 66th anniversary of Martyrs’ Day at the Martyrs’ Mausoleum in Yangon on July 19, 2013. AFP PHOTO

Reposted from East Asia Forum

By Nicholas Farrelly

There is no one template for democratic change. Myanmar’s ongoing democratic transformation, for example, has been driven by a dizzying number of factors: internal forces in the military, democratic activism, domestic struggle and both soft pressure and hard sanctions from countries abroad.

Questions about the motivation and ambition of the country’s top leaders have dogged analysts since a clearly rigged general election in November 2010 was followed by the release from house arrest of pro-democracy heroine Aung San Suu Kyi and the gradual unravelling of military rule. Political prisoners were released, media restrictions incrementally lifted, and long-simmering border-area civil warstaken in new directions by renewed government negotiations. Such rapid change in a country that’s been under the military’s heel since 1962 took many analysts by surprise.

More…

Myanmar ruling party: Suu Kyi coalition possible 0

Shwe Mann said his party is collaborating with Suu Kyi, who was elected to parliament last year.

Shwe Mann said his party is collaborating with Suu Kyi, who was elected to parliament last year.

Reposted from The Fresno Bee
By Matthew Pennington

The chief of Myanmar’s pro-military party said Thursday he is not ruling out a coalition government with the opposition party of Aung San Suu Kyi after crucial elections in 2015 if it’s in the national interest.

In the past two weeks, both lower house speaker Shwe Mann and Nobel laureate Suu Kyi have said they want to run for president. The election will be crucial in setting Myanmar’s political direction as it shifts from decades of authoritarian rule. More…

Booming Burma is a win-win scenario for business in South East Asia 0

Burma is a land of treasures, such as the Shwedagon pagoda in Yangon

Burma is a land of treasures, such as the Shwedagon pagoda in Yangon

Reposted from GT Global Trader
By Eric Jackson

When a repressive regime comes to an end, there is always optimism inside and outside the country that it will herald a bright new dawn of freedom and economic growth.

Sometimes these hopes are realised, as was the case with countries such as Panama after the fall of Manuel Noriega and his drug-running henchmen in 1989.

However, as Egypt and Libya have demonstrated, the opposite can often apply. So when, a few years ago, the military relaxed its grip on power in Burma and elections were held in which Thein Sein became president and long-term political prisoner Aung San Suu Kyi was released from house arrest, the world held its breath. More…

Home truths about those Sanctions 0

Derek Tonkin of Network Myanmar

Derek Tonkin of Network Myanmar

Reposted from Mizzima News
By Derek Tonkin

In her article, ‘Advocacy groups urge EU to maintain sanctions’, Rosie Gogan-Keogh suggested that this activist cabal might be seeking a delay in lifting the remaining sanctions. I think rather that they are seeking the continuance of their suspension. The sanctions were indeed all temporarily lifted in April last year, apart from the arms embargo and the restoration of benefits under the Generalised System of Preferences (GSP), which is being handled separately.

The advocacy groups make the case that none of the EU’s benchmarks for permanently lifting sanctions has yet been met and that it is important to maintain pressure. They base their case however on the latest mythology surrounding sanctions which is, as they say, that: “International pressure has clearly played a motivating role in the reforms currently taking place.” As a matter of ideology it is too much for some to accept that the former military regime might have been working to a plan all along. More…

ACO Investment Plans $700 Million in Myanmar Private-Equity Bets 0

Yangon International Airport

Reposted from Bloomberg
By Cathy Chan

Myanmar, the Southeast Asian nation that exited 50 years of military rule in 2011, offers investors the best growth opportunity in the region, said Hari Achuthan, whose firm is betting $700 million on the country.

ACO Investment Group, co-founded by Achuthan and former United Airlines president Ronojoy Dutta, this year aims to invest $200 million in Yangon International Airport and plans to make a $500 million bid for two telecommunications licenses as part of a new global infrastructure fund, Achuthan said.

“What we’re looking for is a frontier market that has a tremendous amount of growth ahead of it,” the former Credit Suisse Group AG banker said in a phone interview on March 15. “In the Asian markets, if you’re looking for growth, we would rather look at Myanmar versus the saturated markets of Thailand or Indonesia.” More…

Myanmar’s new market landscape beckons investors 0

Many top executives who came to Davos were boarding planes to come to Yangon as opposed to London or New York

Many top executives who came to Davos were boarding planes to come to Yangon as opposed to London or New York

Reposted from freemalaysiatoday
By Paulius Kucinas

“Come my friends, Tis not too late to seek a newer world”. This line from Lord Tennyson’s “Ulysses” recited to me by a banker at the Davos World Economic Forum (WEF) last week rather aptly captured the changing post crisis mood among the world’s leading capitalists. More…

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