Asia Economy

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CHATRIUM HOTEL ROYAL LAKE YANGON 40 Natmauk Road, Tamwe Township +95 1 544 500 info.chry@chatrium.com www.chatrium.com Rooms: 300 rooms and suites, including 175 deluxe rooms (40 sq metres), 89 Chatrium club rooms (40 sq metres), 15 studio suites (61 sq metres), 15 deluxe suites (75 sq metres), 5 luxury suites (85 sq metres) and 1...

 

ETIQUETTE: In a formal setting, “U” should be used in front of a name when addressing a man and “Daw” when addressing a woman. This roughly translates to Mr. and Lady. It is common practice to remove footwear before entering a workplace or home; removing shoes and socks before entering a pagoda or temple is required. A handshake is...

 

Global trade faces protectionist headwinds that are dampening the outlook for growth in the coming years. According to the World Trade Organisation (WTO), trade volumes grew by close to 3% in 2018 and are expected to decline slightly to 2.6% in 2019 before rebounding to 3% in 2020. This may be the first time since the 2007-08 global financial...

 

Since initiating the process of liberalising its economy and encouraging greater foreign participation, Myanmar’s international investment inflows and trade have expanded significantly. This has gone hand in hand with strong domestic economic growth, even at a time of global trade slowdowns and protectionist headwinds. Capitalising on its...

Articles & Analysis | Myanmar CEO Survey: from The Report: Myanmar 2020

The country’s ongoing transition from authoritarianism to democracy will reach its next milestone in 2020, when general elections will be held in union, state and regional legislatures. The polls will take place almost 10 years after Myanmar began the gradual process of opening its economy to the world and granting democratic freedoms to a...

 

Citizens received their last taste of participatory democracy in 2015 with general elections that resulted in a civilian government, although the military maintained control of several key state institutions and still has a strong presence in the national parliament under the constitution. Hopes were high then that the government, led by the...

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