Considered by many as the last economic frontier, Myanmar has been the object of much investor interest, especially following further liberalisation of its foreign investment regime through the passage of the Foreign Investment Law in 2012. At a time when other more developed South-east Asian economies have generally seen a net outflow of foreign direct investment, Myanmar...
Whilst investment has increased immensely since the easing of sanctions, the mineral-rich soil of Myanmar’s landscape remains significantly underexplored. Red tape, incomplete surveys, inconsistent record keeping and intermittent ethnic conflicts have restricted the growth of the sector. However, potential remains high in the eyes of most...
When it was announced in August 2013 that a South Korean consortium had won the tender to build the new Hanthawaddy International Airport, Myanmar’s opening to the world gained critical momentum. The airport, which is scheduled to open in 2018, is a badly needed hunk of infrastructure. To sustain the country’s current pace of progress in...
Myanmar may find that the first steps toward general nationwide economic reform will begin within industrial estates. These zones can create forms of ownership not possible under the law of the land, and can be paired with special incentives and offer better infrastructure than is available elsewhere. The strategy has worked well in Thailand,...
While many sectors of Myanmar’s economy have great potential, the tourism sector is already highly profitable and growing rapidly. Flights into Myanmar have dramatically increased in number since 2010 as business visitors and leisure travellers flock to the frontier that until recently was isolated by international sanctions. Given the dearth in...
Gems are, as ever, a boon to the Myanma economy. The sector employs thousands and raises millions, for the state as well as for insurgent groups. Sanctions and civil war – let alone nationalisation, military control and international campaigns – have greatly affected the sale of precious stones. Jade, rubies and sapphires have nonetheless...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×