Korean industrial complex planned for Myanmar

The yellow brick road to Yangon has attracted many countries. South Korea companies plan to bring in about US$90mm in loans to build transition facilities.

KRX to assist Myanmar in launching 1st stock market

Read More, Yonhap News

HONG KONG: BEFORE THE OPEN, 03Jun2013

Kai Tak redevelopment the new hotness; HK$200,000 screens as a gift; HK government all cashed up; Sell in May go away; All that glitters is not gold; Will LEGCO stay the course on property curbs?; Here’s what you need to know before the open.

China Mobile pulls out of Myanmar

That was quick. After being shortlisted to bid on a telecoms license in Myanmar, China Mobile decided the terms were not acceptable and will not move further.

On.cc

HONG KONG: CLOSING WRAP, 23May2013

Sell everything; PetroChina hits snags in Myanmar; Lenovo’s impressive Q1; Sinopec Engineering flop; Departures at ICBC linked to HKMEx; Here’s what you missed today.

PetroChina’s Myanmar gas pipeline delayed due to unstable political situation

Color me surprised that Myanmar has political uncertainty. With the reward comes the risk. This will affect downstream consumers who may have to switch to LNG imports to meet their demand.

On.cc

Burma, a US client state on China’s boarder?

From Asia Sentinel:

However, Beijing could not agree less. Chinese leaders firmly believe the US rebalancing to Asia is aimed at encircling China and curtailing China’s regional influence. In this vein, they reason that US President Barack Obama’s engagement with Burma, as a part of this rebalancing, must likewise be hostile to China. Leaked diplomatic cables about US government funding for anti-dam organizations before the suspension of Myitsone project have been cited as evidence of a US attempt to “sabotage” Chinese interests in Burma.

HONG KONG: CLOSING WRAP, 09Apr2013

Booming Burma: China Mobile and Vodafone team up penetrate market

From Shanghaiist:

Burma’s government aims to put cell phones in the hands of 80 percent of its 60 million citizens by 2016 – a huge increase given that less than 10 percent of the country currently has access to a telephone. Naturally, mobile phone operators are eager to exploit what the Economic Times calls “one of the world’s last unexplored mobile telephone frontiers.”

Booming Burma: China encouraged to invest by President Sein

From Asia News Network:

Myanmar President U Thein Sein said on Saturday his country is eager for Chinese investment, especially when it can create jobs.