Myanmar

This chapter examines Myanmar’s legislative climate for foreign investment as well as new regulations for the foreign exchange market and updates to legal codes. It also contains an interview with Cheah Swee Gimm, Director, Kelvin Chia Yangon.

Over the last few years, gradual progress has been made in the overhaul of Myanmar’s medical framework, and for the first time many rural communities are benefiting from the expansion of the nation’s health care budget. The government is focusing on health care development in an effort to reach the ambitious national goal of achieving universal health coverage by 2030. As the country’s health...

Hundreds of thousands of foreign tourists have visited Myanmar since 2010 when relations with the West thawed and the country began to open up to the outside world. While some are eager to experience the South-east Asian nation’s rich culture and heritage, others are simply curious to see the once isolated country before it changes forever. At the same time, economic development is expanding...

Once a sleepy city where cars were rare, Yangon is now a bustling urban center. The spike in activity has been very positive for economic growth, but has placed pressure on infrastructure. Myanmar’s government has recognized the need to modernize transport capacity and update the legal framework that governs the sector. To that end, international experts have gathered in Yangon to plan and...

After decades as a primarily agrarian society, over the past six years Myanmar has made considerable progress towards the development of a sustainable industrial base. Its key manufacturing sectors – which include textiles and garments, food and beverage (F&B) products, and construction materials – have attracted growing investment and, consequently, have rapidly expanded output. In 2014...

Sitting above the Indian, Indochina and Eurasian plates, Myanmar is divided into four geographic belts, which help to provide a rich and diverse minerals mix. While most industries have benefited from an influx of foreign investment since the opening of the economy in 2011, the mining sector has yet to catch up. This is due to several reasons, including legal inconsistencies and ongoing civil...