June 10, 2013
Participants take part in a session of the 22nd World Economic Forum on East Asia at the Myanmar International Convention Center in Naypyidaw on June 7, 2013.
Reposted from Al Arabiya
Myanmar’s investment suitors should be prepared to commit long term to the rapidly-opening nation, experts said, as foreign firms weigh the risks of doing business in the former pariah state.
Reforms in the impoverished Southeast Asian country have stirred intense interest from international business, but observers say the country must repel those chasing a quick buck if it is to avoid falling victim to its own hype.
Myanmar businessman Serge Pun said the country was trying to ensure that a first wave of investors would not be subject to extreme risk, but added those with a responsible long term view would “benefit.” More…
January 23, 2013
Reposted from TRweekly
By Wanwisa Ngamsangchaikit
Investments from Singapore are the highest in the hotel industry at about US$597 million
BANGKOK, 21 January 2013: Association of Thai Travel Agents says Myanmar will become Thailand’s main tourism competitor over the next five to 10 years. More…
September 3, 2012
Reposted from The Times of India
Indian Chamber of Commerce
PHNOM PENH: The office of the Indian Chamber of Commerce was officially launched here Sunday to promote economic, trade and investment ties between India and Cambodia. More…
August 27, 2012
Reposted from The Phnom Penh Post
Prime Minister Hun Sen approved the Morodok Techo National Sports Complex – Cambodia’s first international sports facility
By Yeun Ponlok and Ung Chamroeun
The Cambodian government are set to invest heavily in the future of national sport after a decision to create an inter-ministerial committee to manage the construction of an Olympic Park-style facility named the Morodok Techo National Sports Complex was rubber stamped by Prime Minister Hun Sen earlier this week. More…
August 21, 2012
Reposted from The Wall Street Journal
By SHIBANI MAHTANI
“Visa moving into Myanmar”
Financial-services giant Visa Inc. V -0.41% Friday said it is taking its first steps toward entering the cash-dominated Myanmar market by training local banks to use electronic-payments systems.
April 25, 2012
Reposted from CAPA
Myanmar’s aviation market is poised to enter a major period of growth as the country begins to open up following landmark elections earlier this month that were won by Aung San Suu Kyi’s National League for Democracy. The election was seen as a turning point for Myanmar, formerly known as Burma, and the start of a more favourable business environment, including for aviation. Several Asian carriers and airport operators have identified near-term opportunities in Myanmar. More…
April 17, 2012
Reposted from Kansas City Star
By Kevin G. Hall and Franco Ordonez
HAVANA — Leaving Jose Marti International Airport in this capital city, a billboard reminds vividly of the U.S. trade embargo on Cuba. It shows a noose with the phrase, “Blockade: The Longest Genocide in History.” More…