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Myanmar

ADB Targets Crumbling Transport ahead of Myanmar Return

The Asian Development Bank is planning a return to Myanmar after a two-decade absence with the goal of improving the long-isolated country’s decrepit transport system.

Boris Sullivan

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myanmar road workers

The Asian Development Bank is planning a return to Myanmar after a two-decade absence with the goal of improving the long-isolated country’s decrepit transport system.

The regional financing body is one of several multilateral lenders coming back to the Southeast Asian nation since a nominally civilian government took power last year and began implementing a political and economic overhaul.

myanmar road workers

Road workers in Myanmar: Transportation is just one aspect of the country’s infrastructure that requires huge development. Picture: Yukari Sekine

The ADB and other international financial-aid organizations gave Myanmar a wide berth after its former military regime began cracking down on its pro-democracy opponents in 1988, and this re-engagement reflects Myanmar’s improved standing in the world under the leadership of reform-minded President Thein Sein.

Now the ADB is assessing where it can make the most impact, and has flagged the country’s crumbling transportation infrastructure as a top priority.

via ADB Targets Crumbling Transport Systems as It Plans Myanmar Return – Southeast Asia Real Time – WSJ.

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Cambodia

CLMV’s economic growth crashes to two-decade low due to COVID-19

The COVID-19 crisis has caused the rate of economic growth in the CLMV bloc to be at its lowest in two decades, the CLMV economies could grow at 3.4 percent this year

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The COVID-19 pandemic is having a negative impact on CLMV economies through their dependency on foreign-sourced revenue from tourism and exports says KResearchCenter.

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India

Marketing and investment strategies in Myanmar, India

To encourage Thai SME operators to enter the international market, the Office of Small and Medium Enterprises Promotion (OSMEP) aims to urge them to invade Myanmar, Cambodian, Chinese and Indian markets.

National News Bureau of Thailand

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Marketing and investment strategies in Myanmar, India

BANGKOK, 26 July 2019 (NNT) – To encourage Thai SME operators to enter the international market, the Office of Small and Medium Enterprises Promotion (OSMEP) aims to urge them to invade Myanmar, Cambodian, Chinese and Indian markets.

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Cambodia

Thailand pushes CLMVT as the “New Value Chain Hub of Asia”

The Ministry of Commerce, in cooperation with 11 relevant agencies, hosted the CLMVT Forum 2019 with delegates from Cambodia, Laos, Myanmar, Vietnam, and Thailand

National News Bureau of Thailand

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BANGKOK, 24 June 2019 (NNT) – Thailand’s Prime Minister, Gen. Prayut Chan-o-cha, today attended the opening of the CLMVT Forum 2019, and urged its member countries to push for the development of the CLMVT Regional Value Chain, so that they can have more bargaining power and improve the well-being of their citizens.

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