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.
Although recent GDP growth has moderated from the double-digit highs of the early 2000s, it has remained above 5% for more than 25 years, supported by robust natural resource exports, steady foreign direct investment (FDI), rising incomes and private consumption, and rapid expansion of the industrial and services sectors. External headwinds and internal conflict have dampened the near-term outlook; however, the country’s long-term economic outlook remains positive, with rising investment in transport and power infrastructure expected to drive GDP and industrial growth, supported by a sharp increase in personal incomes and consumer spending.
With the people: Daw Aung San Suu Kyi, State Counsellor of Myanmar, on the government’s first year...
Reaping growth: Serge Pun, Chairman, Serge Pun & Associates, on how Myanmar can stimulate...
Rising to the challenge: Xi Jinping, President of China, on embracing globalisation
Logging on: Liman Zhang, CEO, Huawei Myanmar, on the digitalisation of the country
Light the way: Daw Ei Phyusin Htay, Managing Director, Barons & Fujikura EPC, on key...
Making clear progress: U Kyaw Win, Minister of Planning and Finance, on creating transparency in...
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