YANGON, Myanmar — Just days after the U.S. eased key sanctions on Myanmar, General Electric Co. became the first American company to invest in the former pariah state, signing deals Saturday to provide medical equipment to a pair of hospitals in the country's biggest city.
YANGON (Reuters) - European firms seeking to invest in Myanmar are unlikely to rush into business deals until more concrete reforms are put in place, despite a suspension of economic sanctions by the EU, its foreign policy chief Catherine Ashton said on Saturday. The European Union and other powers have moved in recent weeks to ease sanctions on Myanmar, as the once pariah nation embarks on landmark reforms and seeks engagement with the world. ...
YANGON, Myanmar (AP) -- The United States is unwinding two decades of sanctions against Myanmar, as the country's reformist leadership oversees rapid-fire economic and political change. President Barack Obama's visit this week, the first by a serving U.S. president, is a sign of how far relations have come. But Washington continues to take a calibrated approach to easing sanctions, keen to retain leverage should Myanmar's reform momentum stall....
YANGON, Myanmar (AP) -- Signs of a boom abound in Myanmar. Flights to Yangon are full, hotel rooms booked solid. Foreign bars are packed with well-fed Westerners in khakis and jeans, twenty-first century prospectors drawn to this golden frontier....
YANGON (Reuters) - European firms seeking to invest in Myanmar are unlikely to rush into business deals until more concrete reforms are put in place, despite a suspension of economic sanctions by the EU, its foreign policy chief Catherine Ashton said on Saturday.
YANGON (Reuters) - European firms seeking to invest in Myanmar are unlikely to rush into business deals until more concrete reforms are put in place, despite a suspension of economic sanctions by the EU, its foreign policy chief Catherine Ashton said on Saturday.