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Myanmar

As Sanctions Ease, US Companies are returning to Burma

With the easing of longstanding U.S. economic sanctions against Burma, major American companies are quickly starting to invest in the Southeast Asian nation.Competing soft drink giants Coca-Cola and Pepsi-Co. are returning to Burma for the first time in many years.

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With the easing of longstanding U.S. economic sanctions against Burma, major American companies are quickly starting to invest in the Southeast Asian nation.Competing soft drink giants Coca-Cola and Pepsi-Co. are returning to Burma for the first time in many years.

Meanwhile, both MasterCard and Visa have reached deals with Burmese banks for use of their internationally-known credit cards. The ConocoPhillips and Chevron energy companies have been looking for investment opportunities as well.U.S. President Barack Obama in July eased restrictions on American investment in Burma after Burmese President Thein Sein moved away from strict military control and embraced initial democratic reforms.Obama made a short trip to Burma Monday, the first serving U.S. president to visit the country. He praised Burmas move toward democracy, while calling for more changes, which he said would lead to more U.S. economic investment.

via As Sanctions Ease, US Companies Start Investing in Burma.

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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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