After its historic transition to civilian rule following years of incremental reforms, Myanmar is enjoying a period of exceptional growth. The country’s potential is being unlocked. 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...
With massive infrastructure upgrades in the works and industrial demand rapidly expanding, the energy market in Myanmar is currently one of the more promising ones in the world. The country is in great need of electricity generation capacity and must completely overhaul its transmission and distribution systems. A raft of investment...
The rollout of 4G services combined with rising incomes in a data-hungry nation is set to drive growth in Myanmar’s telecoms sector for the foreseeable future. After two years of international operators entering the market, data consumption has surpassed neighbouring countries and continues to accelerate, fuelled by affordable smartphones....
Since Parliament approved a long-awaited Condominium Law in January 2016, real estate stakeholders have been hoping to see sales surge, with foreigners now permitted to own property for the first time. Implementing the law is proving problematic, however: unclear regulations regarding criteria for condominiums have left investors uncertain,...
The successful development of the capital markets in Myanmar amid a period of sweeping reforms is a significant achievement. After decades without a full exchange and years with little more than over-the-counter (OTC) trading, the country now has a robust platform for fundraising and trading in the Yangon Stock Exchange (YSE). It also has the...
The government of Myanmar has passed a wide range of legislation aimed at economic reform since 2010. While much remains to be done, the body of new law on the books is substantial, covering areas from lighthouses to central banking. The new government under the National League for Democracy has been careful in introducing its own legislation...
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