Myanmar
United States has begun easing sanctions on Burma
The United States has begun easing sanctions on Burma, allowing it improved access to institutions like the International Monetary Fund (IMF), in response to a raft of reforms announced by the country’s President Thein Sein and his military-backed government.

The United States has begun easing sanctions on Burma, allowing it improved access to institutions like the International Monetary Fund (IMF), in response to a raft of reforms announced by the country’s President Thein Sein and his military-backed government.
Effectively, the U.S. State Department will lift opposition to assessments of Burma, saying this was in response to the release of political prisoners and democratic reforms including allowing the opposition leader, Aung San Suu Kyi, to run in upcoming by-elections.
Approval for her standing in the coming poll was granted Monday.
The State Department also said the easing would make it easier for the Burmese government to access limited technical assistance from the IMF and the World Bank. This should please businesses lining up for entry into Burma, an isolated country that’s relying on the government to build basic infrastructure for which IMF funding could prove crucial.
The decision amounts to a partial waiver, and …
Read More…
Read the original:
U.S. Eases Burma Sanctions
Direct cash was pumped into the grass roots economy, including cash 2,000 baht handouts to nine million civil servants and workers nationwide
Rural Thais’ numerical superiority, coupled with their unofficial ‘right’ to sell their votes, was experienced by urban middle-class voters, especially in Bangkok, as ‘the tyranny of the rural majority’, which allowed the unscrupulous and rapacious electocrats from the country to misrule the city and mismanage the economy. Meanwhile, the liberal principle of property rights and the city’s greater purchasing power and undemocratic economic freedom to trade, invest, consume, overspend, exploit and pollute were in turn regarded by the rural folk as constituting an ‘urban uncivil society’, which dispatched hordes of avaricious government officials to plunder the countryside. This ‘tale of two democracies’, rural versus urban, made for a divided society that sustained and reproduced the electocracy, and yet was powerless to control it.
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

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.
(more…)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.

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.
(more…)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

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.
(more…)- Economics1 week ago
Thai economy to grow 4% in 2021 following 6.5% decline in 2020
- National1 week ago
Human trafficking cases in Thailand hit decade low due to COVID-19
- Health2 days ago
Thailand approves COVID-19 AstraZeneca vaccine for emergency use
- Banking1 week ago
APAC corporates likely to improve in 2021