Sweeping reforms have increased the opportunity for foreign investors to develop Myanmar’s 11.8 trillion cubic feet of natural gas and 50 million barrels of crude oil, potentially worth more than US$60 billion over the next 30 years. This anticipated influx of investment in the petroleum sector raises concerns that Myanmar should implement resource management strategies to mitigate problems generally associated with the “resource curse”.
Ooredoo Myanmar CEO Ross Cormack sat down with The Myanmar Times’ Jeremy Mullins and Aung Shin ahead of the launch to discuss what Ooredoo has done so far and its plans for the future.
The Myanmar Times presents a timeline of the mobile network tender, from its announcement to the launch of Ooredoo's services on August 2.
Corporate websites provide a window to examine business practices, but their quality is still a mixed bag in Myanmar, according to a report by the Myanmar Centre for Responsible Business (MCRB).