Myanmar Industry

With a thriving economy and a youthful, burgeoning middle class, Myanmar is poised for rapid growth in retail spending. In the four years since the nation’s emergence from a lengthy period of economic isolation in 2012, disposable incomes have increased rapidly, and a handful of local retailers have stepped up their operations to meet rising...

As the country emerges from a protracted period of isolation from the global economic mainstream and with its economy experiencing strong growth, Myanmar’s retail sector looks set for major expansion in the years ahead. The arrival of modern retail formats and outlets, along with the shifting consumption patterns of a youthful and increasingly internationally oriented...

With double-digit growth widely predicted and indeed being realised by many new market entrants, Myanmar’s pharmaceuticals sector has been attracting a great deal of attention of late – particularly from companies able to offer low-cost products in this still largely lowincome market. At the same time, international companies are positioning themselves to take advantage...

Thanks to the recent acceleration of investment in manufacturing and retail, alongside other industries, Myanmar has been making rapid progress in its effort to catch up with regional peers. While much ground remains to be covered, its achievements to date are remarkable, given its history and the challenges it faces in a highly competitive neighbourhood. Strong...

Myanmar’s automotive sector is widely tipped for takeoff in the year ahead, with strong growth expected and a range of international giants recently making some of their first, concrete moves into the country.

Myanmar is one of the more promising nations for investment into manufacturing. Wages are some of the lowest in the world, workers are productive and the literacy rate is in the high ninety percentile. In addition, the country is actively targeting manufactured goods after years of isolation, with legal reform and better regulation gathering...