The “Golden Land”, officially known as the Republic of the Union of Myanmar and formerly as Burma, has undergone dramatic reforms in recent years under the administration of President U Thein Sein. The rapid transition from a military junta to an open economy has surprised the global community and will see Myanmar assume the ASEAN chair for the first time in 2014.
Known as the ‘last frontier market’ Myanmar is rich in natural resources and has an established extractive industries sector, with one of the world’s oldest continuously producing oil fields. The country also enjoys significant mineral resources which remain greatly under explored by international mining firms - something the government is proactively trying to change. The easing of economic sanctions has accelerated the nation’s economic growth, but Myanmar still faces political challenges, including ongoing ethnic conflict and religious tensions. However, with greater access to international markets and a growing number of business opportunities, investors are cautiously optimistic about the country’s future.
A pivotal moment: OBG talks to President U Thein Sein
OBG talks to Jean-Marie Guillermou, Senior Vice-President Asia Pacific, Total Exploration &...
OBG talks to Serge Pun, Chairman, Serge Pun & Associates (Myanmar)
International integration: OBG talks to U Than Lwin, Deputy Chairman, KBZ Bank; U Kyaw Lynn, CEO,...
OBG talks to U Soe Thane, Minister of the President’s Office, and Former Chairman, Myanmar...
OBG talks to Ross Cormack, CEO, Ooredoo Myanmar
Explore any of the chapters below to select an article.
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×