Economy

After its historic transition to civilian rule following years of incremental reforms, Myanmar is enjoying a period of exceptional growth. Once an outlier in the region, Myanmar now has the fastest-growing economy in ASEAN, and is seen as a source of regional strength and a destination of opportunity. Further liberalisation is planned, international investment is expected to remain strong and...

Although Myanmar remains in trade deficit, its trade balance has been improving in recent months. The trade deficit stood at $1.11bn in the first quarter of 2015 and fell to $945.7m in the same period of 2016, highlighting the impact rising exports are having on trade growth, and painting a brighter picture for long-term trade trends.

This chapter contains interviews with Le Luong...

Undergoing profound and rapid change, Myanmar is today emerging as one of Asia’s most sought-after investment destinations. Its opening to the global economy has come after decades of military rule, during which a long period of isolation and internal conflict was followed by an era of gradual disengagement from politics by the army. This retreat took a decisive step forward in November 2015,...

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