China has long been a significant player in Myanmar’s energy sector. Before recent political reforms, Western sanctions made the country of particular interest to China, which was willing to finance and build projects that companies of the West and Japan could not. Chinese companies also saw Myanmar as an attractive investment, owing to its...
In light of the impending formation of the ASEAN Economic Community (AEC), what role will Myanmar play in the energy security of the region?
In recent years Myanmar’s economy has undergone significant restructuring. How would you assess its financial sector reform so far?
The government of Myanmar has an ambitious target for financial inclusion, with a goal of bringing financial services to 40% of people by 2020, and having 15% of the population using more than one financial product within the same timeframe. There is a very low base of financial inclusion today, with only 6% of the population having access to...
For most of the last half century Myanmar’s insurance sector was closed and monopolised, but it is now opening up to both domestic and international competition. The transformation has been rapid and across the board. A dozen domestic private insurers have been formed since 2013, while a raft of foreign companies have opened representative...
Since the political reforms of 2011, a number of significant steps towards liberalisation have been taken in the banking sector. The Central Bank of Myanmar (CBM) has been given much needed autonomy and ATMs are now allowed in the country. Further aiding accessibility, mobile banking services have been introduced. New private banks are being...
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