Bowman: Myanmar election will bring change to local businesses
A month-long election has concluded in Myanmar, with the military-backed Union Solidarity and Development Party (USDP) claiming a landslide victory. For Myanmar’s struggling economy, local businesses had been optimistic that the election might bring a measure of predictability or policy reform.
Photo/CNA
“There's a hope that somehow this new government will be in some way trying to demonstrate a change,” said Vicky Bowman, senior adviser at the Institute for Human Rights and Business and former director of the Myanmar Centre for Responsible Business.
Bowman, who also served as the British ambassador to Myanmar from 2002 to 2006, added that businesses now hope that the election will open up space for dialogue. She noted that authorities have begun reaching out to local businesses to ask what changes they want to see.
