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Japanese trade group launches business support center in Myanmar

Updated: 2012-09-02 10:46:00

(Xinhua)

YANGON, September 2 (Xinhua) -- The Japan External Trade Organization (JETRO) has launched a business support center in Myanmar's Yangon in a bid to boost trade with the country, official media reported Sunday.
A message of Japanese Minister of Economy, Trade and Industry Yakio Edano was sent on the occasion.

Myanmar Economy May See Annual 8% Growth For A Decade, ADB Says

By Daniel Ten Kate - Aug 19, 2012 11:30 PM ET

Myanmar’s economy may grow as much as 8 percent a year over the next decade as inflation remains low and the government increases trade ties with neighbors China and India, according to the Asian Development Bank.
The near-term outlook for the economy, one-tenth the size of neighboring Thailand, is “relatively upbeat” because of higher foreign investment and commodity sales, the ADB said in a report today. Annual growth of 8 percent may triple per capita gross domestic product to $3,000 by 2030, it said.

Bangkok Post: Myanmar seeks help to build 21st century grid

Tue 14 Aug 2012
Filed under: Business / Trade,International,News
In country where only 25% of people have access to electricity, newly emboldened citizens are starting to vent their frustration over shortages.

Myanmar has started discussions with foreign companies in a bid to transform its dilapidated national electricity grid, a vital component of the country’s economic reforms.

S. Korea, Burma to deepen trade ties

Monday, 06 August 2012 13:47     Mizzima News   

South Korean Foreign Minister Kim Sung-hwan met Burma’s Foreign Minister Wunna Maung Lwin in Seoul on Friday to discuss expanding bilateral cooperation in trade, investment, resources, infrastructure and development, according to the South Korean Foreign Ministry.

US Ambassador to Burma Sees Growing Ties Between Countries

Monday, 30 July 2012

The U.S. ambassador to Burma says there is "excellent momentum" in the relationship between the United States and Burma, but acknowledged there are enormous challenges ahead.

Derek Mitchell told VOA that his new appointment demonstrates Washington's commitment to building the relationship. Mitchell arrived in Burma earlier this month as the first U.S. ambassador to that country in 22 years.

Worth Reading - ICG Report: Myanmar: The Politics of Economic Reform

Asia Report N°23127 Jul 2012
The Executive summary is also available in Burmese.

EXECUTIVE SUMMARY

Jim Rogers: ‘Myanmar best investment opportunity in the world"

In an exclusive interview with OilPrice.com, Jim Rogers declared Myanmar to be the best investment opportunity in the world , with North Korea not far behind.

Myanmar becoming must-see travel spot

By Anasuya Sanyal | Posted: 15 June 2012 2026 hrs 

File photo shows a main road near the Sule pagoda in downtown Yangon. (AFP/File - Christophe Archambault)

Chiang Rai, THAILAND: As Myanmar opens its doors to travellers from around the world, the country's officials are planning their approach to tourism.

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