Infrastructure, skilled workforce are keys to Burmese economic growth

Despite an influx of foreign investment and large resource base, Myanmar’s exponential growth in gross domestic product (GDP) could be held back by inadequate basic infrastructure and a lack of skilled workers, says a Yangon-based business and market entry adviser. Jean-Pierre Verbiest, an economic and finance expert at West Indochina, said Myanmar, officially known as […]

Power shortages hold Myanmar back

The recent protests in Yangon against a hike in electricity charges have shed some light on Myanmar’s serious power crisis. In the past three years Myanmar has witnessed the suspension of the Chinese-invested Myitsone dam project, mass demonstrations against blackouts in big cities like Yangon and Mandalay, and protests against the rate rise. Electricity is […]