Asia Economy

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The business environment is set for dramatic improvements after several burdensome trade restrictions were lifted in 2016. Most notable for foreign investors was the US government’s move to end sanctions on seven state-owned companies and three state-owned banks, with US President Barack Obama promising to further ease sanctions, even as a...

 

Located in the central region of Myanmar, the charming colonial setting of Pyin Oo Lwin has long been a hot-season getaway for locals. Situated in the Shan Highland, 67 km east of Mandalay and at an altitude of 1070 metres, the “City of Flowers” is home to breathtaking waterfalls, stunning gardens and glistening pagodas, as well as many other...

 

ETIQUETTE: In a formal setting “U” should be used in front of a name when addressing a man and “Daw” when addressing a woman, roughly translating to Mr and Lady. It is common practice to remove your footwear before entering someone’s workplace or home, but not always required. Removing shoes before...

 

SULE SHANGRI-LA HOTEL 223 Sule Pagoda Road G.P.O. Box 888 T: +951 242 828 F: +951 242 800 ssyn@shangri-la.com www.shangri-la.com Rooms: 479 guest rooms and suites. Business & Conference Facilities: The 760-sq-metre Myanmar Ballroom can accommodate up to 940, eight smaller function rooms and a private meeting room. Audio-visual equipment is...

 

With China and India seeing unprecedented growth over the past decade, global trade has increasingly pivoted towards Asia, putting ASEAN in a favourable position to capitalise on new regional opportunities. Official integration of the ASEAN Economic Community (AEC) is set to have a dramatic impact on future trade growth, both within ASEAN and...

 

Since his first overseas trip as president in November 2014, to the APEC summit in Beijing, President Joko Widodo has taken a proactive role in strengthening and diversifying Indonesia’s bilateral relations. As the dominant political and economic power in ASEAN, Indonesia’s participation in the ASEAN Economic Community (AEC) will have a...

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