June 2013

Foreign executives who flew into this dirt-poor country over the past year to tap into what is described as Asia’s last major frontier market often came away skeptical, befuddled or outright disappointed. (more…)

Kuala Lumpur: Following the recent clashes between two factions of Myanmar nationals in the Klang Valley, police have detained another 54 Myanmar nationals without pro-per documents. (more…)

India has offered $150 million of credit for project exports to set up a SEZ in Myanmar and has expressed hope that the neighbouring country would permit Indian banks to set up branches there. (more…)

Martin N. Baily, Chairman of the US President’s Council of Economic Advisors
Richard Dobbs is a director of the McKinsey Global Institute

Interest in Myanmar (Burma) has become intense. Last month, Thein Sein became the first president of Myanmar to visit the White House in nearly 50 years, and leaders from British Prime Minister David Cameron to India’s Manmohan Singh to Japan’s Shinzo Abe have all visited Yangon. (more…)

(unofficial translation)

Myanmar opposition leader Aung San Suu Kyi stated clearly on the 6th that “I want to run for president.” Chinese online media quickly reported the news. (more…)

(unofficial translation)

The three-day World Economic Forum for East Asia 2013 closed on the 7th in Naypyidaw. Myanmar, at a key stage in its reform and with great development potential, attracted high attention from global investors and media. How should Myanmar resolve the difficulties of poor infrastructure and poor human resources at the current stage? What is the impact of Myanmar’s development on ASEAN integration and the development of East Asia? These topics became the key focus of this session. The consensus among all participants was that the development of Myanmar and East Asia require balance and tolerance.

Much coverage of Burma’s “frontier market” has focused on sectors such as natural resources, telecommunications and manufacturing. Some of the world’s biggest and best-known companies—such as Coca-Cola, Pepsi, Microsoft and Unilever—have in recent months put their money into Burma, or pledged to, after Western sanctions were eased or lifted in response to reforms in the one-time army-ruled country.

Asia Human Rights Commission  – Urgent Appeals Programme (more…)

Nearly 1,000 Arakanese people gathered in Sittwe, the capital of Arakan State in western Burma, to show their support for local authorities’ ban on Rohingya Muslims having more than two children and one wife, urging that the ban be extended to cover the entire state. (more…)

More than 150 representatives from 40 Karen community organizations in Burma and overseas have called for transparency and accountability in economic, development projects that have been signed amid on-going peace talks between the government and Karen rebels. (more…)

Lashio, Shan State—Nearly 1,400 people who were displaced in anti-Muslim riots in the east Burma town of Lashio have returned to their homes, local authorities say. (more…)

A Pa-O militia dismissed reports that the armed group forced members from the National League for Democracy (NLD) to resign at gunpoint last month during a press conference on Monday. (more…)

The commander of the Shan State Army-South says he is highly doubtful that the recent agreement in Kachin State will end fighting in the region. (more…)

The United Nationalities Federal Council (UNFC), the alliance of 11 armed organizations, will be meeting sometime this month with the government-supported Myanmar Peace Center (MPC), according to the grouping’s spokesperson Hkun Okker.

The farmers of Arakan  are being forced to pay nearly one lakh (100,000) Kyat as a bribe by the local authority for agricultural loan, allege a number of farmers from different parts of the State. (more…)

Chinese investment in Myanmar has fallen sharply over the past year amid strained relations, even as interest from other foreign investors in the Southeast Asian has surged. (more…)

Coca-Cola Co. and Unilever will invest a total of nearly $1 billion in Myanmar over the next decade, making the biggest commitments by Western multinational corporations and becoming the first prominent global companies to restart manufacturing in the Southeast Asian country. (more…)

Sittwe. Aid workers are calling for better health access for an estimated 140,000 internally displaced persons (IDPs) in Myanmar’s western Rakhine State, most of them Rohingya Muslims. (more…)

Thailand said Tuesday that it was unable to find any other country willing to accept about 2,000 Rohingya refugees from neighbouring Myanmar who have been detained for several months. (more…)

Myanmar is still an under-developed country despite the favourable conditions for economic development, President Thein Sein said in his opening speech at the Rural Development and Socio-economic Improvement Ceremony held in Yangon on Sunday. (more…)

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