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 (AFP) - Myanmar's main city is poised to go to the polls on Saturday for the first municipal vote in six decades, but observers warn the process is riddled with flaws and could cast a shadow over crucial 2015 general elections.
(Reuters) - General Electric Co secured a medical equipment deal with two hospitals in Myanmar on Saturday, becoming the first U.S. company to restart business in the long-isolated country since Washington eased sanctions this week. U.S. firms are wasting no time since U.S. President Barack Obama announced the issue of general licenses on Wednesday to allow investment and financial services. GE was the first to move, agreeing through its local dealer to provide X-ray machines for cardiology and topography to two private hospitals in Myanmar. The deal was announced on Saturday during a U.S. ...
Yangon (AFP) - US President Barack Obama arrived in Yangon on Friday to hold talks with Myanmar's democracy champion Aung San Suu Kyi, as the nation turns towards next year's elections with uncertainty over the direction of reforms.
Naypyidaw (Myanmar) (AFP) - US President Barack Obama told Myanmar's rulers its celebrated democratic reforms are backsliding, ahead of a regional summit Thursday designed to showcase the country's transition from army-led isolation.