Although it has moderated from earlier double-digit highs, GDP growth remained robust in the early 2010s, accelerating from 5.3% in 2010 to 5.6% in 2011, 7.3% in 2012, 8.4% in 2013 and 8% in 2014. Growth has dropped off slightly since 2015, reaching 7% that year and 6.1% in 2016, according to the IMF. External headwinds, internal conflict and delayed implementation of some key reform policies...
Myanmar
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Chapter | Country Profile from The Report: Myanmar 2018
Considered to be the last frontier market in South-east Asia, Myanmar remains focused on creating the right set of conditions to attract and facilitate foreign investment to spur economic development. Following decades of military rule that maintained a socialist and centrally planned economic model, cutting off access to the world’s financial markets and main trading routes, the country’s...
Occupying a strategic position at the crossroads of India, China and Thailand, and now in its seventh year of sweeping economic liberalisation and political transition, Myanmar remains one of the fastest-growing economies in South-east Asia.
Economic update | Myanmar holds interest rates steady, suggests other reforms to boost credit access
26 Mar 2018
Despite easing inflation, Myanmar is likely to maintain interest rates at the current level throughout much of 2018; however, the central bank has suggested other measures to ease lending constraints and stimulate the banking sector.
Hopes are high that a move in recent weeks to clarify regulations governing the sale and development of condominiums in Myanmar will boost demand for real estate in 2018.
Given Myanmar’s current stage of economic development, which sectors do you consider to be ripe for foreign investment?