To what extent is the Thilawa SEZ helping to advance the industrial base?
Decades of sanctions have held Myanmar back economically. What factors do you expect to enhance the country’s development?
Not only are Myanmar institutions improving in safety, soundness and accountancy, they are also expanding their use of technology. Several banks are adopting the latest systems in an effort to become modern financial services companies, while more generally the country is developing its digital strategy to allow for channels that enhance the banking...
While Myanmar has been a member of the ASEAN bloc since 1997, its capacity within that organisation – and indeed, within regional and international politics as a whole – was severely limited by the military regime of the time. Indeed, international sanctions and condemnation led to the country skipping its turn as ASEAN chair in 2006, under...
Special economic zones (SEZs) are essential to Myanmar’s development. While the country is liberalising rapidly, the process will take some time. Regulations have to be written, and infrastructure needs to be upgraded in areas with legacy issues.
Anniversaries offer us opportunities to look back and take stock of our achievements and to chart our way forward. The Asia-Europe Meeting (ASEM) has evolved from a small group of only 26 partners at the first summit, which was held in Thailand in 1996, to 53 partners today. Look at this as a reflection of the ever-growing interest that...
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