Myanmar's 2020 vote endorses NLD but does not resolve issues
MYANMAR'S election results have yet to be officially released, but are unlikely to surprise. The National League of Democracy (NLD) and Aung San Suu Kyi have claimed victory, and most observers believe they have won decisively. If the NLD can form the next government to rule on its own, this would mark their second landslide victory in the country's nascent return to democracy.
In contrast, neither the military-backed Union Solidarity and Development Party nor the 90-odd parties running for seats did well. After more than 50 years of military rule, the NLD seems the clear and continuing choice for many in Myanmar.
Yet while the victory is important, key questions lie ahead. What happens next will be critical for democracy, and for economic growth and business opportunities.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Columns
‘Competition for talent’ a poor excuse to keep key executives’ pay under wraps
OCBC should put its properties into a Reit and distribute the trust’s units to shareholders
Why a stronger US dollar is dangerous
An overstimulated US economy is asking for trouble
Too many property agents? Cap commissions on home sales
Time to study broadening of private market access