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With the ultimate goal to increase tourism across Southeast Asia, Myanmar is exploring the “two countries, one destination” concept, which seeks to cross-promote tourism with both Cambodia and Thailand. Officials in Myanmar would like to emulate Thailand’s success in attracting foreign tourists – some 32m in 2016 – while Thailand’s operators...

 

Rapid urbanisation and robust economic growth have had a notable impact on urban mobility in Yangon. Traffic congestion is rising to become an increasingly pressing concern for businesses and commuters, especial as the city’s population is set to grow from 7.4m in 2017 to more than 10m people by 2030. The government is currently undertaking...

 

How will the expansion of Yangon International Airport (YIA) benefit the tourism sector and encourage international airlines to add new routes?

 

With the new Yangon Stock Exchange (YSX) established as recently as October 2015, Myanmar’s capital markets remain at a very early stage in their development. As such, the bourse is subject to many of the pitfalls often found in a low-volume, frontier industry, but there is also a wealth of potential. With access to finance being one of the...

 

While advanced economies generate the vast majority of insurance and reinsurance business, emerging markets are posting higher rates of growth. Complementing this underlying trend is a strong and expanding interest in catastrophic risk, which by nature tends to pertain to emerging markets. This is coming alongside fast-paced, sector-...

 

A process of substantial reform is under way in Myanmar’s insurance industry. The sector is eagerly anticipating a blueprint for liberalisation, though this had not been published as of early 2018. Until it arrives, insurers must navigate a number of challenges, ranging from underdeveloped capital markets that only offer a narrow band of...

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