Economy

Our country is still in poverty and should develop every sector of the economy, which is why we must persevere with our efforts in all sectors. We are currently witnessing the transformation of an era and a system, in accordance with democratic principles. This is just the beginning of the transition. To make the process smooth and successful...

Decades of growth in trade and foreign investment have made economies around the world more interconnected and interdependent than ever before. The production of goods and, increasingly, the provision of services have become fractured across borders as corporations create and integrate into regional and global value chains. These trends have...

During the last three-quarters of a century Myanmar has undergone three major transitions: from colonial rule to independence in 1948, from parliamentary democracy to military dictatorship in 1962, and – in progress since 1988 – the transition from dictatorship to democracy. The first transition was the culmination of a hard and costly...

Considered to be the last frontier market in Southeast Asia, Myanmar remains focused on creating the right set of conditions to attract and facilitate foreign investment to spur economic development. Following decades of military rule that maintained a socialist and centrally planned economic model, cutting off access to the world’s financial...

Offering a range of attractive investor incentives, Myanmar’s special economic zones (SEZs) hold significant potential to attract new foreign direct investment (FDI), support industrialisation and manufacturing activities, and boost employment and export receipts. The country’s sole operational facility, the Thilawa SEZ, has already become a...