In the wake of the nation’s historic election in November 2015, Myanmar’s garment manufacturers have expressed cautious optimism about the potential for new business and continued growth. The industry has posted record expansion in recent years, with export revenues reaching $1.56bn in 2014, according to the Myanmar Garment Manufacturers...
With a thriving economy and a youthful, burgeoning middle class, Myanmar is poised for rapid growth in retail spending. In the four years since the nation’s emergence from a lengthy period of economic isolation in 2012, disposable incomes have increased rapidly, and a handful of local retailers have stepped up their operations to meet rising...
After decades as a primarily agrarian society, over the past six years Myanmar has made considerable progress towards the development of a sustainable industrial base. Its key manufacturing sectors – which include textiles and garments, food and beverage (F&B) products, and construction materials – have attracted growing investment and,...
After decades as a primarily agrarian society, over the past six years Myanmar has made considerable progress towards the development of a sustainable industrial base. Its key manufacturing sectors – which include textiles and garments, food and beverage (F&B) products, and construction materials – have attracted growing investment and, consequently, have rapidly expanded output. In 2014...
Many have hailed Myanmar’s recent economic, political and social restructuring as ground breaking, and for good reason. In a relatively short period the country’s economy has gone from being largely isolated to being a focal point for foreign investment.
Increasing urbanisation and rising levels of disposable income should fuel growth in Kenya’s retail sector in 2016 and beyond, as demand for quality outlets and a broader range of shopping options drives the construction of floor space.
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