Asia Economy

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GALLE FACE HOTEL 2 Galle Road Colombo 3 T: +94 112 541 010 F: +94 112 541 072 www.gallefacehotel.com information@gallefacehotel.net Rooms: 158 rooms and suites. Business & Conference Facilities: Meeting and conference centre featuring seven meeting rooms, two study rooms and two ballrooms. Health & Leisure Facilities: Spa, fitness centre, saltwater pool, library...

 

FOREIGN EMBASSIES Australia (01) 251 810 Bangladesh (01) 515 275 Brazil (01) 221 268 Cambodia (01) 549 609 China (01) 221 280/1 Egypt (01) 222 886/7 France (01) 212 532 Germany (01) 548 951/2 India (01) 243 972 Indonesia (01) 254 465 Israel (01) 515 115 Italy (01) 527 100/1 Japan (01) 549 644/8 Laos (01) 222 482 Malaysia (01) 220 248/9 Nepal (...

 

ETIQUETTE: In a formal setting “U” should be used in front of a name when addressing a man and “Daw” when addressing a woman, roughly translating to Mr and Lady. It is common practice to remove footwear before entering someone’s workplace or home but not always required. Removing shoes and socks...

 

Benefitting from a large population, an ideal geographic position and abundant natural resources, Myanmar’s trade and investment volumes hold enormous potential for future expansion, although the country is facing both domestic and external challenges. Foreign direct investment (FDI) inflows soared from 2011, when the country’s economic...

 

One of the most significant legal reforms undertaken to improve the investment climate in Myanmar has been the promulgation of the 2017 Myanmar Companies Law (MCL), which sets new criteria for company classification and is expected to help boost foreign direct investment inflows, which have slumped in recent years. After a lengthy delay, the...

 

Despite fierce domestic and international headwinds that have threatened to blow the Myanmar economy off course, executives who participated in the Business Barometer: Myanmar CEO Survey remain broadly confident about the investment climate in South-east Asia’s last great frontier market. Of the 100 respondents, 77% indicate their firm intends...

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