Burma Business Roundup (Saturday, February 25)
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Thursday, August 13, 2020

Burma Business Roundup (Saturday, February 25)

By WILLIAM BOOT / THE IRRAWADDY Saturday, February 25, 2012

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[Burma] is now opening up.”

Rogers said Burma has deteriorated from being the single richest country in Southeast Asia in 1962 to the poorest “because it’s been so badly run in the past 50 years.”

But he said all that appeared to be changing.

EU Economic Sanctions ‘Likely to be Reviewed in April’

The European temporary suspension of travel curbs on President Thein Sein and dozens of other senior Burmese officials is likely to be followed by a full review in April of the EU’s economic sanctions against Burma.

That’s the view of former British envoy in Asia Derek Tonkin.

“The suspension is seemingly valid only until April 30, 2012, by which time the European Council will need to take decisions about the future of all sanctions imposed in the past,” wrote Tonkin for the London NGO Network Myanmar, of which he is chairman.

Tonkin believes the review will be discussed at the EU’s Foreign Affairs Council meeting scheduled for April 23.

Malaysians Follow Singaporeans in Business Queue into Burma

Hot on the heels of a large business delegation from Singapore last week, Malaysia’s International Trade and Industry Minister Mustapha Mohamed is leading a 40-strong trade team to Burma on Feb. 23-24.

The visit will also mark the establishment of the Malaysian Myanmar Business Council. The Malaysians will be looking for opportunities in tourism, energy, infrastructure projects and agriculture, said the Malaysian government news agency Bernama.

Last week, the Singapore Business Federation led 70 Singaporean firms to Rangoon and Naypyidaw to assess new business opportunities.

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Blindkin Wrote:
Say No to Chinese. It only benefits them.

Bill Gov Wrote:
Dear Mr Jim Rogers,

That's a BIG BOLD "IF". You do not even understand a single word of Burmese language. What more understanding the investment climate in Burma.

tocharian Wrote:
I don't agree with Rogers. The 2 countries are very different, but more importantly, the times are very different. In any case, the NLD (remember the khamauk logo) should be on the side of the poor workers and peasants (99.9% of Burma's population) and not on the side of the exploiters (mostly Chinese businessmen (Singaporeans included).
I totally oppose all the dams and pipelines, China wants to build in Burma, since they are doing it purely for their own selfish interests. Bribing and extorting corrupt Burmese tayoke-pu-hsein-yoe's (traitors) is not the way to go. Even building schools in Burma is just a way of "sinicizing" the country, which is their ultimate goal.

Win Han Wrote:
Even a small entity like Hong Kong has 3800 MW Coal plant and many smaller ones. It seems absurd to hear that Myanmar is reluctant to build 4000MW Coal plant. How about living in dark ages?

Pe Kyaw Htin Wrote:
Welcome to Mr. Jim Rogers, George Soros, Bill Gates and all wellwishers around the world to Myanmar!
We have to do many things new, in Myanmar. We need their sincere help, knowledge,experience, and capital investment.

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