Myanmar

In the wake of sweeping reforms undertaken since 2011, Myanmar’s banking sector has been advancing at a rapid pace to become safer, sounder and better regulated. The majority of banking institutions are rising to the challenge by adopting international best practices, especially in terms of accountancy, and investing in systems that promise to...

Installed hydroelectric capacity in Myanmar is significant, with the country operating 26 plants, with the capacity to generate 3214 MW of power. Still, hydro-power is not considered a sole solution and questions are being raised about the use of water resources compared with other options. While the whole country could be powered by water...

Can you discuss the main challenges that banks might encounter in their efforts to drive a profitable mortgage market here in Myanmar?

Not only are Myanmar institutions improving in safety, soundness and accountancy, they are also expanding their use of technology. Several banks are adopting the latest systems in an effort to become modern financial services companies, while more generally the country is developing its digital strategy to allow for channels that enhance the...

In the wake of sweeping reforms undertaken since 2011, Myanmar’s banking sector has been advancing at a rapid pace to become safer, sounder and better regulated. The majority of banking institutions are rising to the challenge by adopting international best practices, especially in terms of accountancy, and investing in systems that promise to...

A country undergoing profound and rapid change, Myanmar is today emerging as one of Asia’s most sought-after investment destinations. Its opening to the global economy has come after decades of military rule, during which a long period of isolation and internal conflict was followed by an era of gradual disengagement from politics by the army.

This...