Foreign direct investment in Myanmar set to grow

NAY PYI TAW: Myanmar’s foreign direct investment (FDI) this financial year is set to more than double that of last year’s to US$3.5 billion. The momentum is unlikely to slow, with the country projecting US$4 billion in FDI in the next financial year. Telecommunications and manufacturing are the main drivers of this growth. The telecommunications […]

OBG Report Charts Myanmar’s Development as FDI Rockets

UK-based publishing, research and consultancy firm Oxford Business Group (OBG) published its first country report on Myanmar which sheds light on the country’s new investment law, wide-ranging reforms and emerging economic sectors, the firm announced. With most Western sanctions now lifted and a new mining law in the pipeline, “The Report: Myanmar 2014” charts the […]