Coconuts Yangon Business

Since Myanmar started opening up to the outside world in 2011, the business environment has changed considerably. Once a closed-off country run by crony businessmen, Myanmar is now an exciting frontier market. In Yangon, you can see new bars and restaurants and more nightlife options popping up every couple of weeks. The US dropped sanctions on Myanmar in September 2016, which could mean more investment in the country, where many big industries are controlled by formerly blacklisted cronies.

Junta demands dollars be changed for kyats – or else

People were angry today about the junta’s new law requiring that earnings in foreign currencies must be exchanged for kyats. A dollar shortage is suspected in the central bank’s Sunday announcement that local businesses and private parties would...


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