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Myanmar elections will not loosen military’s grip on business

elections will ‘not loosen military’s grip on business’ The outcome of Myanmar’s forthcoming national elections will do nothing to reduce the military’s business control over natural resources, but the return of a USDP-led government should ensure a continuing pro-business outlook from Nay Pyi Taw, a study said. The opposition National League for Democracy (NLD) is expected to do well in the November elections, but “serious concerns remain as to whether the country’s transition from military rule is merely cosmetic,” international business risk assessors Verisk Maplecroft said. “The ruling Union Solidarity and Development Party’s (USDP) alliance with the military means that it need only win 10% of seats in both houses of parlia...
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