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BURMESE DAYS: WALMART LICKING ITS CHOPS OVER MYANMAR

BURMESE DAYS: WALMART LICKING ITS CHOPS OVER MYANMAR
Source: Facing South - (27/08/2013)

Topics: Electronics

Walmart publicly preached "Buy America" three decades ago, and the Arkansas-based retail giant imported less than 6 percent of the products it sold in the United States. By 2006 four-fifths of its suppliers were based in China. Then China's workers began protesting their conditions and eventually got the attention of the Communist Party leadership in Beijing, which feared rising worker militancy in the workers' paradise. Over the past 10 years, blue-collar workers' wages have risen some 400...


CHINA AND MYANMAR VOW TO ENHANCE SCIENCE AND TECHNOLOGY COOPERATION

CHINA AND MYANMAR VOW TO ENHANCE SCIENCE AND TECHNOLOGY COOPERATION
Source: FMPRC - (27/08/2013)

Topics: Electronics

China and Myanmar agreed on last Friday to enhance science and technological cooperation between the two countries. Chinese Minister of Science and Technology Wan Gang (also as the Vice-Chairman of the CPPCC) and his Myanmar counterpart Dr. Ko Ko Oo signed minutes on enhancing science and technological exchange and cooperation after a meeting on 9 August in Yangon. Wan said in September last year, China and the Association of Southeast Asian Nations (ASEAN) launched a science and...


WILL BURMA BECOME ASIA’S NEXT ECONOMIC TIGER?

WILL BURMA BECOME ASIA’S NEXT ECONOMIC TIGER?
Source: TIME Business and Money - (22/09/2010)

Topics: Electronics

Translating that promise into real dollars isn’t going to be easy, however. Lots of nations possess the potential for economic greatness. The problem is that few are ever able to realize it. Burma has been a case study in that failure. For 50 years now, Burma has been one of Asia’s great disappointments. After World War II, it was one of the region’s richest nations; today, it has sunk to among its poorest. Behind the woes is crushingly awful economic management by a military dictatorship that...


Did You Know?
Over 80 % of the people embracing Theravada Buddhists. There are also Christians, Muslims, Hindus and even some animists. However there is full freedom of worship for followers of other religions. Christian missionaries... ... More

Featured news story
Myanmar’s poverty to be reduced down to 16 % in 2014-2015
Myanmar’s poverty to be reduced down to 16 % in 2014-2015

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Myanmar Focus Daily - Myanmar Tourism Master plan 2013 -- 2020 - Invest Myanmar.biz video
Myanmar Focus Daily - Myanmar Tourism Master plan 2013 -- 2020

COUNTRY SNAPSHOT
GDP 2010 USD 45.4 B
GDP 2012 USD 54.0 B
Inflation 9.13 %
Unemployment Approx. 35%
GDP growth 2011 5.5 %
FDI 2011 USD 1.05 B
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