Economy

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Government efforts to open up the economy and stimulate private sector development appear to have made a good impression on the majority of executives who participated in the Business Barometer: Myanmar CEO Survey. Of the 100 respondents, 77% indicated that their firm intends to make a significant capital investment in 2019, while 64% have...

 

Myanmar’s macroeconomic performance improved in 2018 as recovery in the agriculture sector, rising oil and gas prices, and substantial growth in several manufacturing segments helped the country regain positive momentum. Efforts to encourage private sector activity and liberalise the economy have been extensively detailed in a new long-term...

 

FRASER SUITES PO Box 410 Landmark Building 23rd July Street PC 133 T: +968 2250 6688/ 2200 8800 reservations.muscat@frasershospitality.com muscat.frasershospitality.com Rooms: Luxury service apartments ranging in size from 60 sq metres to 170 sq metres. All rooms come with a fully equipped kitchen and an in-room Nespresso machine. A water...

 

MINISTRIES & AGENCIES Agriculture & Fisheries 2469 6300 Awqaf & Religious Affairs 2464 4999 Capital Market Authority 2482 3100 Central Bank of Oman 2477 7777 Civil Aviation 2435 4488 Civil Services 2468 9999 Commerce & Industry 2485 8444 Defence 2433 3361 Diwan of Royal Court 2474 2000 Education 2477 3000 Finance 2461 5833...

 

LANGUAGE: Similar to other GCC member states, Arabic is the official language of Oman, although English is widely spoken and understood. Using English to get around or conduct business in the capital, Muscat, or other hubs such as Sohar or Salalah, is relatively easy. Locals do appreciate the...

 

GCC countries have long appreciated the importance of education for their sustained development. However, the sector, and higher education in particular, has risen as a priority over the past decade with the launch of ambitious economic diversification plans across the region. These strategies seek to harness the potential of the GCC’s...

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