Myanmar’s government is planning to privatize 90 percent of the country’s state-owned companies by the end of 2011, BBC News says, citing figures from the local business news magazine Biweekly Eleven. BCC says the report appears “reasonably well sourced” but notes it is hard to obtain hard information on Myanmar’s economic policy because of the government’s reluctance to speak to the press, particularly the foreign media.

    About the author

    • Ivy Mungcal

      As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.