September 14, 2013
Global brands from Nestle SA to Porsche AG said the worst has passed for China’s economy as wage increases and consumption in cities in the country’s interior drive sustained growth.
China is “still an amazing opportunity,” Roland Decorvet, Nestle’s Greater China chairman, said at the World Economic Forum in Dalian, China. More…
November 1, 2012
Reposted from The Myanmar Times
By Myat May Zin
Myanmar to own 51% of Thilawa while the Japanese will take a 49% stake
Japan External Trade Organization and the Union of Myanmar Federation of Chambers of Commerce and Industry will begin building the Thilawa Special Economic Zone in early 2013, officials said on October 21. More…
July 4, 2012
Reposted from The Chicago Tribune
Workers count Burmese kyat currency at a bank in Yangon, Myanmar.
By Alan Raybould
YANGON (Reuters) – A year and a half after it opened to skepticism from the West, Myanmar’s fledgling parliament reconvenes this week for its biggest task yet: debating an ambitious set of laws to reshape an economy that wilted during half a century of military rule.
The assembly was written off as a sham when it opened in January 2011, but the lawmakers are getting bolder and more vocal and the new session will be a test of their reformist mettle, even if opposition leader Aung San Suu Kyi is not taking her seat this week, citing exhaustion. More…