Sunday, May 13, 2012

Foreign airlines plan flight resumption to Myanmar

12 May 2012
YANGON - At least six foreign airlines have planned to resume flights 
to Myanmar since a year ago in wake of changes in the country but 
only two of them seem to be in readiness to start operation and 
the remainings are expected to follow the move after a time.

Myanmar may let in foreign lenders by 2015

12 May 2012
YANGON: Myanmar may allow foreign banks to set up operations through 
joint ventures with local partners by 2015 when South-East Asian countries 
are expected to formally integrate their economies, say bankers and industry 
officials familiar with the planned bank reforms.