Gemstone mining in Myanmar is separate from mineral mining, both institutionally and legislatively. There is no connection between the gemstone permit system and the general mining permit system. Unlike anywhere else in the world, the two are independent processes. There is also an official distinction between jade and gems, wherein “gems”...
Shortfalls in irrigation and low rates of the use of machinery have led to low productivity in Myanmar’s agricultural sector. A 2016 World Bank report found productivity was behind that of the country’s regional counterparts. During the monsoon months, for example, one day of work would generate 23 kg of paddy in Myanmar, compared to 62 kg in...
Global food demand is expected to increase by between 59% and 98% by 2050. However, global freshwater resources are already overstretched due to climate change and soaring population growth, and it is unclear how agriculture will keep up with these challenges. In recent years climate-induced water shortages in urban areas have brought water...
Myanmar boasts diverse ecological conditions, fertile soils, and promising fisheries and aquaculture. The current administration has centred its vision for future economic prosperity and its drive to alleviate poverty around agriculture. Underlying the sector’s significance, agriculture accounted for 38% of GDP and 70% of the workforce in 2018...
As recently as 2011, before economic liberalisation began to gain speed, Myanmar had no access to international brands. In strong contrast, in 2019 Yangon’s Junction City Mall had a 100% occupancy rate, hosting a number of popular restaurants, shopping and entertainment venues. The growth of such complexes is striking, as is the potential for...
While e-commerce has become well established in more developed markets, the segment has been slower to take off in emerging economies. Online purchasing has been held down in these markets by financing, purchasing and logistics challenges. Nevertheless, online sales are growing rapidly in many developing countries in spite of these obstacles....
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