As international energy giants flock to Rangoon for the 2nd Myanmar Oil, Gas and Power road show this week, western and Asian operators are scoping out investment opportunities in Southeast Asia’s final frontier market
If Burma’s reforms stay on track, its growth rate could be on par with Asia’s fastest growing economies according to the Asian Development Bank; however, experts fear the nation’s wealth may remain concentrated in the hands of a few
Burma’s new foreign investment law may be more restrictive than its predecessor, experts said, after an updated draft of the much-anticipated foreign direct investment bill was leaked to Reuters last week
Burma’s restrictive legal framework means many mining companies may hold onto their cash and wait for a more attractive investment environment before investing in large-scale operations
Local companies could be set to receive similar tax breaks and incentives as foreign firms under the Burmese government’s new foreign investment law, as the government seeks ways to even up the playing field
Burma took another step forward in committing to improve resource revenue transparency generated from its rich oil, gas and mining sectors by announcing plans to abide by the Extractive Industries Transparency Initiative
The US eased sanctions against the impoverished country late last week, days before a massive delegation of America’s biggest business names visited Rangoon over the weekend to explore investment opportunities
On Thursday, the US government fired the starting gun for American investors to get down to business in Burma, announcing two general licences permitting new investment in almost all of the country’s sectors
The nomination of chief minister of Rangoon Region and former lieutenant general Myint Swe as the new vice president signals another step forward in the country’s reform process, according to analysts
As Burma opens up to the world, experts warn the sharks and cowboys among the many frontier investors converging on the scene could exploit the impoverished nation
Foreign investors paying top dollar to attend a Burmese investment summit have been sent home empty handed after immigration officials refused to grant them visas
As the government irons out the finishing touches to the much-anticipated FDI law, members of the country’s credit-starved small business sector say a five-year tax exemption for foreign firms is unfair
As the investment boom hits Burma, eager Australian firms have been given the green light to enter the race to invest in the impoverished Southeast Asian nation
For the tens of thousands of refugees living in camps along the Thai-Burma border, the future is clouded in pessimistic uncertainty
Karen commander says Suu Kyi ‘has to speak for Burma as a whole, including the ethnic groups’ if she wants to lead country
