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BUSINESS

Paying for power stability

Asia focus, Larry Jagan, Published on 08/07/2019

» The government of Myanmar has substantially increased electricity prices with immediate effect as it seeks to reduce its deficit -- electricity subsidies alone cost US$500 million a year -- and finance new power projects to end chronic blackouts.

OPINION

What's next after Yangon's constitutional reform?

News, Larry Jagan, Published on 17/06/2019

» Myanmar's ruling party, the National League for Democracy (NLD), is preparing for an audacious attempt to change the constitution. The final steps are being taken before the plans are revealed to the parliament and the people. But the changes and the process being rolled out by the civilian government will upset the military, and an acrimonious confrontation between them seems inevitable.

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BUSINESS

Shining a light

Asia focus, Larry Jagan, Published on 17/06/2019

» "Responsible business" has become the new buzzword in Myanmar, heightened by international investors' concern about weak governance in the country's private sector, a problem that is even more worrying in state-owned enterprises.

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BUSINESS

Myanmar powers up

Asia focus, Larry Jagan, Published on 10/06/2019

» Desperate for increased power supplies, Myanmar is speeding up efforts to call international bids to get more electricity flowing into the national grid within 12 months. Authorities are also considering importing power from China and Laos.

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WORLD

Yangon gets smarter

Asia focus, Larry Jagan, Published on 20/05/2019

» Yangon is introducing smart meters to control the electricity supply, monitor usage and bill customers in a single automated system. If a pilot project is successful, the potential for further development could be huge, says the entrepreneur spearheading the technology.

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BUSINESS

Green light for global insurers as Myanmar opens up

Asia focus, Larry Jagan, Published on 29/04/2019

» The Myanmar government has picked up the pace of liberalisation to attract foreign investment and help spur economic development in the last two years of its term in office.

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BUSINESS

Relationship reset

Asia focus, Larry Jagan, Published on 13/05/2019

» Myanmar and China have a special relationship that was strengthened further by Aung San Suu Kyi's recent trip to Beijing. The frequency of her trips to China -- more than to any other country -- since she became State Counsellor underlines that relationship.

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BUSINESS

Myanmar looks West

Asia focus, Larry Jagan, Published on 25/03/2019

» Myanmar has embarked on a campaign to revive flagging interest among European investors, after focusing mainly on Asian countries -- the source of almost all the country's foreign investment in the last two years.

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WORLD

Cautious neighbours

Asia focus, Larry Jagan, Published on 01/04/2019

» "Good relations with China are essential," Thaung Tun, Myanmar's economic tsar, told Asia Focus recently. That relationship is the key to Myanmar's development and security, he added. "But that relationship won't supersede or override Myanmar's own national interests, though Beijing's position will always be of utmost importance."

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BUSINESS

Power play

Asia focus, Larry Jagan, Published on 18/03/2019

» Myanmar is coming under increased pressure from China to resolve the thorny issue of the Myitsone dam. Work on the massive hydroelectric project in northern Kachin state was suspended by the former government of Thein Sein in 2011 after strong protests.