While Myanmar’s banking sector has much to do in order to catch up to its neighbours, it should remain on track to expand rapidly as the economy grows and penetration deepens. Regulatory reforms will be key to expansion and foreign access. Elsewhere in the financial services sector, Yangon Stock Exchange (YSX) is Myanmar’s fourth try at launching a securities market, but it is by far the most...
Myanmar
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Chapter | Financial Services from The Report: Myanmar 2015
Chapter | Trade & Investment from The Report: Myanmar 2015
Myanmar has seen an extraordinary surge in trade and investment in the few years since emerging from isolation. Out of the $9.5bn in FDI permissions granted from April 2012 to October 2014, $2.9bn went to projects in manufacturing; $2.2bn to those in real estate, hotels and tourism; and $2.5bn to transport and communications. Foreign investment in many sectors, however, still remains banned...
Chapter | Country Profile from The Report: Myanmar 2015
The second-most-populous country in South-east Asia, and the 24th biggest in the world, Myanmar has a total of 135 different officially recognised ethnic groups. Approximately 70% of the population lives in rural areas, and urbanisation is increasing at a rate of around 2.9% per year. The chairing of the ASEAN summit in 2014 is a testament to how far “the Golden Land” has come in a relatively...
Over the past few years Myanmar has experienced a number of dramatic transitions that have restructured its economy, rapidly changing its unique landscape and gradually enriching the social welfare of its people. These changes have placed modern-day Myanmar back on the international investment radar and have seen the nation coined “the Last Frontier”.
Articles & Analysis | Hotel options in Myanmar cities from The Report: Myanmar 2019
CHATRIUM HOTEL ROYAL LAKE YANGON 40 Natmauk Road Tamwe Township T: +95 1 544 500 F: +95 1 544 400 info.chry@chatrium.com www.chatrium.com Rooms: 300 rooms and suites, with 165 deluxe rooms (40 sq metre), 89 Chatrium club rooms (40 sq metre), 10 corner deluxe rooms (55 sq metre), 7 studio suites (61 sq metre), 8 junior suites (71 sq metre), 15 deluxe suites (75 sq metre), 5...
Economic update | Myanmar Year in Review 2014
23 Jan 2015
A surge in foreign investment, together with solid domestic demand, helped Myanmar achieve a strong growth in 2014. However, the year also brought challenges, which contributed to a widening in the trade deficit as the country relies heavily on imports to support skyrocketing domestic demand.