Government efforts to open up the economy and stimulate private sector development appear to have made a good impression on the majority of executives who participated in the Business Barometer: Myanmar CEO Survey. Of the 100 respondents, 77% indicated that their firm intends to make a significant capital investment in 2019, while 64% have...
Although Myanmar’s economy has grown above the regional average in 2018, a fall in overseas investment, crop losses and a weakening of the kyat have combined to slow the pace of economic growth. However, moves to open up sectors of the economy to foreign ownership may boost inward investment in the coming year. According to estimates by the...
Myanmar’s macroeconomic performance improved in 2018 as recovery in the agriculture sector, rising oil and gas prices, and substantial growth in several manufacturing segments helped the country regain positive momentum. Efforts to encourage private sector activity and liberalise the economy have been extensively detailed in a new long-term...
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ETIQUETTE: “For every village a different culture” is the expression that best describes the social norms, cultures and languages of Papua New Guinea’s population. Most locals will greet you with a warm smile. The salutation monin tru (a very good morning) is considered the polite early-day...
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