Reforms to legislation governing investment in Myanmar, including streamlined procedures and strengthened investor rights, aim to reverse a downward trend in foreign direct investment seen in the previous fiscal year.
Myanmar
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Foreign banks may be granted greater access to Myanmar’s domestic financial market as a way of servicing local demand for trade financing.
The entrance of a new operator in Myanmar’s telecoms sector has brought a wave of new investment and heightened competition to an already crowded market, promising expanded service options and lower pricing for consumers.
Economic update | Myanmar Year in Review 2016
19 Jan 2017
In a year marked by a return to full civilian rule, Myanmar’s economy continued to expand strongly, though some sectors saw slower growth as reduced foreign investment and a weaker currency eroded some gains.
Economic update | Gemstone trading activity expected to increase in post-sanctions Myanmar
16 Dec 2016
The removal of US financial and trade sanctions on Myanmar could give the country’s mining industry a boost, with American buyers expected to return to the precious stones market following a period of sluggish trading.