Quarterly Business Magazine

Analyses

Myanmar’s budget targets infrastructure and education

The mining industry in Myanmar could see a rise in investment from 2016 if the government can overcome roadblocks to pass new legislation, delays to which have slowed the pace of development in the sector. Until now, foreign investment in mining has been minimal. In the 2015/5/15 fiscal year to end...

The Needs for Improving Legal and Institutional Framework For Fisheries and Aquaculture in Myanmar

The Needs for Improving Legal and Institutional Framework For Fisheries and Aquaculture in Myanmar Author: Ms. Bui Thi Lan Ms. Bui Thi Lan, FAO Representative in Myanmar FAO Myanmar currently has been supporting the Government of Myanmar in a number of legislation issues concerning Fisheries and...

Political and Economic Challenges of Myanmar’s Future

For a while, when Myanmar opened after decades of isolation and sanctions, it seemed the government could do no wrong as American and European governments rushed to embrace the country. Now, according to headlines from the West, little or nothing seems right. What was supposed to be a peaceful...

Myanmar Eyes Energy Privatisation

President Obama’s Trip to Myanmar: Reading Between the Lines

The November visit to Myanmar by U.S. President Barack Obama, his second in two years, marked another step in the normalization and strengthening of bilateral ties between the two countries. Observers in the U.S. and Myanmar followed the trip closely to discern the trajectory of the bilateral...

STEADY STEPS FORWARD: Further Developments in Myanmar Financial Regulation

Viewed as a great, untapped market, Myanmar has been a subject of great interest for foreign investors in the recent years, where the inflow of foreign direct investment has considerably increased with more businesses expanding their operations into the country. The reforms and policy changes...

Telecoms Services Expanding in Myanmar

MPT's Old Office in Yangon

Myanmar’s Telecommunications Revolution

In the past two years, the legal framework governing the telecommunications sector in Myanmar has undergone a massive shift, with the pre-existing state monopoly system being replaced by a regulated market open to foreign investment following the passage of the new Telecommunications Law (2013) (the “Telecoms Law (2013)”). Among the key changes have been the opening of telecommunications operator licenses to foreign-owned entities and the adoption of a new, liberalized licensing scheme to streamline the process for foreign support services companies to enter the market.

The Future of U.S. Sanctions Policy and Business Engagement

The U.S. has taken steps in the past few months to clarify its stance on sanctions, especially concerning the Specially Designated Nationals (SDNs) listed by the Department of the Treasury’s Office of Foreign Assets Control (OFAC). The U.S. Government has highlighted key policy concerns about the remaining legislative and executive restrictions and what needs to be done to address those issues. Both Myanmar and the U.S. have quite a lot of work to do in the next few years to attain a more normalized relationship and achieve the level of comfort necessary to increase and enhance U.S. business engagement both sides would like to see.

New Frontiers of Southeast Asia

Southeast Asia will be Asia’s most dominant region. For the last four decades, Southeast Asia has remained as a region of relative peace and stability. It has also posted one of the highest growth rates in the region. A McKinsey report states that that Southeast Asia is one of the world’s fastest-growing markets – but one of the least well known.

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