Economy

Since the opening of the economy to the outside world in 2011, President U Thein Sein’s government has implemented various policies in an attempt to raise standards of education. In order to boost the country’s socioeconomic development and better prepare students for the growing economy, the government increased the education budget from $340m...

The Chinese economy has remained consistently strong as we focus on reforms and liberalisation, and we are confident of maintaining this momentum going forward.

While ASEAN itself has been around since 1967, in 1947, before he died, and in one of his very last speeches, my father talked about an association of Asian nations. That was long ago, but he had this vision that one day all the Asian nations would be able to get together and form a strong, united bloc. The values that we put at the forefront of...

Myanmar was the economic frontier highlight of 2013, and has swept the international press with its bold reformation goals and political transformation. However, given that there are few historical examples of foreign firms operating in the country, international investors are still wary of making large commitments.

With Myanmar taking its place as chair of ASEAN in 2014, a remarkable period of progress in the country’s foreign relations is being acknowledged – both by Myanmar’s neighbours and by the wider world. Now, the country’s diplomats will have to help steer the 10-nation group through some challenging times in the run up to the establishment of the...

In March 2011, President U Thein Sein shocked the world in his inaugural speech by taking a new tack for Myanmar’s development, speaking of the need to “open doors, make reforms and invite investments as necessary for development of the nation and the people”. He stated clearly that Myanmar aims to “attract foreign investments” as part of a...