After spending decades as one of the most isolated and least-developed countries in Asia, Myanmar is emerging as one of the world’s fastest-growing economies. Since a historic reform process began in 2010, foreign investment has been pouring in, driving annual growth to more than 8%, according to IMF estimates. Investment inflows and growing exports have also helped...
Articles & Analysis | Reforms continue to open the economy as GDP grows from The Report: Myanmar 2015
Articles & Analysis | Japanese investment is flowing into a range of sectors from The Report: Myanmar 2015
As Myanmar has changed course since 2010 and pursued political and economic reforms, Japan is the country that has responded most enthusiastically, both to offer assistance and to take advantage of emerging investment opportunities. Although Japan is not seeking to be the monolithic major partner that China was to Myanmar while it was under international sanctions, the...
Articles & Analysis | Discrepancies in data on trade volumes have many causes from The Report: Myanmar 2015
Two things are clear about Myanmar’s international trade: it is growing, and fast. By just how much is less certain – sources vary widely in their estimates, and even the best data available have obvious holes.
Articles & Analysis | Though many restrictions remain, gradual liberalisation continues apace from The Report: Myanmar 2015
As it emerges from a half-century of economic isolation, Myanmar is undergoing an extraordinary surge of foreign investment and international trade. Of all foreign direct investment (FDI) accumulated in the country as of the end of 2013, half had entered in the previous three years, while recorded trade volumes more than doubled from 2009 to 2013.
Interviews & Viewpoints | Gregory So, Secretary for Commerce and Economic Development, Hong Kong: Interview from The Report: Myanmar 2015
As the ASEAN Economic Community (AEC) nears its formation, how would you assess Hong Kong’s economic cooperation with ASEAN members?
Articles & Analysis | The country’s first special economic zone gears up for production from The Report: Myanmar 2015
Foreign investment in manufacturing, already strong, is set to accelerate further with the long-awaited launch of Myanmar’s first special economic zone (SEZ), located near the port of Thilawa about 25 km south-east of Yangon. A greenfield project comprising 2342 ha of former farmland, the Thilawa SEZ aims to simplify the process of foreign investment by providing a ready...