GDP statistics are being tweaked to present a rosy picture of Burma, which remains the third most corrupted country among all Asia Pacific nations.
Concerns about the region’s wealth gap weigh heavy on the Association of Southeast Asia Nations (ASEAN) bloc as the year-end market integration plan draws near.
Asian leaders have gathered in China for a four-day summit aiming to set the economic agenda during what is sure to be a crucial year for Burma.
Japan’s Prime Minister Shinzo Abe pledges to provide Burma with USD$500 million in development aid and cancels the remainder of Burma’s debt, during his visit to the country to boost[…]
A massive shift in the character of Burma’s economy is currently underway, with the government in recent months selling off swathes of state-owned industry to private businessowners. Some observers have[…]
Australia continues supplies of aircraft and telecommunications parts to Burmese junta as bilateral trade soars three-fold in the past year