As part of an effort to meet changing labour market requirements brought about by the Fourth Industrial Revolution (4IR), Myanmar is harnessing private sector investment to develop its vocational and technical education system. Speaking at the World Economic Forum on ASEAN 2018 summit in September 2018 in Hanoi, State Counsellor Daw Aung San...
The education sector has been expanding fast, thanks to population growth, economic development and the policy of Omanisation, which seeks to reduce the country’s dependence on foreign workers, technicians and managers. Despite a temporary slowdown caused by the oil price slump of 2014-16, education is set for further expansion, creating new...
Although priorities vary when it comes to economic development, the increasing need for skilled labour is both a cause of and a requirement for accelerated growth across markets. This demand for technical specialists is often most concentrated in the sectors that are vital to economic advancement, including infrastructure, oil and gas...
Although Myanmar has been faced with internal conflict, a new long-term economic agenda, alongside rising oil and gas prices and considerable growth in some manufacturing segments, are set to encourage increased foreign direct investment inflows into the country.
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