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Myanmar races to feed a growing Yangon

YANGON/BANGKOK — Rapid urbanization in and around Myanmar’s southern city of Yangon has turned up the pressure to develop goods and services that can meet the rising demand. The gap has provided an opening for companies in one of Southeast Asia’s least-developed countries. Local real estate and construction conglomerate Dagon International set up a modern […]

New retail directive well-received, but raises unanswered questions

Myanmar has taken pains to liberalise its economy and draw foreign investors to become more competitive. Over the past two years, it has rolled out major new legislation including the Condominium Law, Investment Law and Companies Law. This year, it released two new directives opening up the education and retail sectors to full foreign ownership, […]