Soon Myanmar will have a dozen airlines. That is quite a few operators for a country with 1.6m passengers a year, the same number of passengers as Macao, Azerbaijan and Malta. Indeed, Thailand, a country that serves 35m passengers annually, has fewer airlines than Myanmar. To be sure, most of the Myanmar carriers have just a few small planes....
Garment manufacturing is likely to be a key driver of Myanmar’s economic growth going forward. Not only was it a major part of the economy before sanctions were enacted, but it has also been one of the fastest to recover. The garment business is set to expand considerably in the near to mid term as foreign investment pours in and pre-sanction...
New projects are welcome given the country’s weak domestic grid and isolation from regional power supplies. With the exception of electricity being sold across the border to China, Myanmar is largely cut-off from its neighbours. While its main grid may lack connections to others, the country is in a very good position to begin linking up with...
After years of underinvestment in transportation infrastructure, due to embargoes, insurgencies, regional autonomy and mixed relations with neighbours, Myanmar is an exceedingly hard place to reach overland, much less transit. The country has essentially been cut off from the world, with small isolated border gates as its only surface...
As Myanmar’s hotel industry rushes to keep pace with rapidly growing demand, it has a fortunate head start: a large number of projects can be resumed after they were started but became dormant or slow-moving during the country’s long years of isolation. Downtown will be home to the forthcoming Hilton Yangon, a 300-room, five-star hotel set to...
While consumers are due to see more affordable access to mobile and internet services as foreign firms enter the market, local telecoms licence holders Myanmar Post and Telecommunication (MPT) and Yatanarpon Teleport (YTP) face strong competition, and must use every advantage to retain a profitable market share.
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