China is looking to take a stake of up to 85 percent in a strategically important sea port in Burma, according to documents reviewed by Reuters, in a move that could heighten tensions over China’s growing economic clout in the country.
In August, Burma’s newly elected government overhauled the senior figures heading the administrative framework for governing Special Economic Zones (SEZs). Union Vice-President Henry Van Thio replaces former president Thein Sein[…]
Regional Administrations have been the focus of a third of the cases lodged by the newly formed Anti-Corruption Commission and verified by the Ministry of Home Affairs, according to a Burmese lower house MP.
While the raw timber export ban is a step towards avoiding a regrettable transformation in one of Burma’s major industries, it may only work in tandem with more reforms that tackle the country’s deep-seated corruption.