Thailand's state-owned PTT is going to invest in a liquefied natural gas (LNG) terminal project in Myanmar, according to a Reuters report.
Hundreds of merchants from China to Malaysia flocked to Nay Pyi Taw on June 26 to inspect jade and other precious stones at an annual auction that offered a glimpse into the country’s notoriously murky but lucrative gems industry.
Myanmar can look to its past for inspiration as it grapples with finding a suitable model for economic development in the future, according to economist Sean Turnell.
After an extensive building binge, as the jubilation of hosting two major regional events subsides the government is seriously assessing how best to attract people to Nay Pyi Taw’s hotels. As the city’s 10-year anniversary approaches, it remains disconnected from the world. The question is becoming ever more critical – what next?
Banks are tentatively beginning to offer new types of products, but it would be easier with a credit bureau, according to banking sources.