Land of Palaces, Pagodas & Rubies

Land of Palaces, Pagodas & Rubies Myanmar is one of the last countries of Asia which is still largely unexplored by western tourists. Located between India, China and Thailand, the people of this enchanted land have developed a culture which has endured invasion and change by absorbing and taking the best from those around them… Continue reading Land of Palaces, Pagodas & Rubies

Telecom and Automobiles Have Big Growth Potential

Telecom and Automobiles Have Big Growth Potential The telecommunications sectors provides opportunities for future growth with 114% of the population (60.4 million) having mobile phones but only 39% (15 million) with subscription, and only 39% (15 million) using the internet. Social media usage too is yet to take off: the country is a mobile-first market… Continue reading Telecom and Automobiles Have Big Growth Potential

GDP Growth Linked to Infrastructure Investment

GDP Growth Linked to Infrastructure Investment In the last decade, the country’s Gross Domestic Product (GDP) grew by an astounding 135% starting 2009. Myanmar’s contribution to the GDP of ASEAN overall is 2.9%. The country has faced socio-economic problems in the past decade as a result of which the growth of GDP has been very… Continue reading GDP Growth Linked to Infrastructure Investment

Gradual Liberalization Since 2010

Gradual Liberalization Since 2010 Myanmar’s political history is complicated and ever evolving. For several years Myanmar was considered a state under the rule of an oppressive military junta from 1962 to 2011. Even with Aung San Suu Kyi’s government in power for last five years, the Economist Intelligence Unit rated Myanmar an ‘authoritarian regime’ in 2019.… Continue reading Gradual Liberalization Since 2010

Government Means Business

Government Means Business The civilian government of Myanmar, led by Aung San Suu Kyi, had been proactive in encouraging businesses both foreign and domestic through laws and regulations aimed at attracting investment. Myanmar aimed to become a logistics hub connecting the east and the west through the development of deep-sea ports at all SEZ sites.… Continue reading Government Means Business