In a year marked by a return to full civilian rule, Myanmar’s economy continued to expand strongly, though some sectors saw slower growth as reduced foreign investment and a weaker currency eroded some gains.
Myanmar
Displaying 487 - 492 of 840
Economic update | Myanmar Year in Review 2016
19 Jan 2017
Economic update | Gemstone trading activity expected to increase in post-sanctions Myanmar
16 Dec 2016
The removal of US financial and trade sanctions on Myanmar could give the country’s mining industry a boost, with American buyers expected to return to the precious stones market following a period of sluggish trading.
Already expanding rapidly on the back of strong economic growth and rising disposable incomes, Myanmar’s retail industry should receive a boost as the lifting of remaining US sanctions clears the way for greater foreign direct investment.
Rising demand from an increasingly affluent middle class and an expanding economy will drive sales in both the passenger and commercial segments of Myanmar’s auto trade, though challenges remain on the road to higher vehicle ownership levels.
How would you compare the appetite of foreign investors interested in Myanmar before and after the 2015 elections?
To boost infrastructure investment, Myanmar is looking to kick-start a number of projects with China, its largest investor.