• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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When I was first elected in 2008, Daw Aung San Suu Kyi was still under house arrest. And because – in part of advocacy by the US and others in the international community, but more importantly, because of the courage and strength and resilience of the Myanmar people – what we have seen over the last several years is a transition to democratic...

 

What advances are still needed in the financial sector to promote economic growth?

 

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...

 

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.

 

With its first written records dating back to the 2nd century BC, and archaeological evidence stretching back to 11,000 BC, Myanmar has a long and distinguished history. Over the centuries, successive waves of people have moved across the mountains and plains that now constitute the country, with the Bamar, who became referred to as the...

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