Myanmar business environment improves after reforms East Asia and Pacific Makes Steady Progress to Improve Business Environment: Doing Business Report

Myanmar has improved its business regulatory environment over the past year through reforms on business registration and the enactment of a law that allows the establishment of a new credit bureau, finds the World Bank Group’s annual Doing Business report. The report finds that over two-thirds of East Asia and the Pacific region’s 25 economies […]

Floods, political change hamper Myanmar growth: World Bank

Myanmar’s growth rate, once one of the world’s most impressive, has dipped following heavy floods and an investment slowdown sparked by uncertainty over its political transition, the World Bank said on Tuesday (May 31). YANGON: Myanmar’s growth rate, once one of the world’s most impressive, has dipped following heavy floods and an investment slowdown sparked […]

Myanmar can potentially grow at 8%: WB

India may not be the only growth story in the midst of a global economic slowdown. According to the World Bank, Myanmar’s economy has the potential to grow rapidly, up to around 8 per cent per year in real terms over the next 5 years. With the right policy choices, a growing economy can provide […]

Never again: flood-proofing Myanmar

On the banks of the bursting Ayeyarwady River, U Han Soe sits on a bench in the village school – the sturdiest building for miles around. On the banks of the bursting Ayeyarwady River, U Han Soe sits on a bench in the village school – the sturdiest building for miles around.On the banks of […]