Myanmar’s financial markets are slowly opening up

NAYPYITAW Naypyitaw’s famously empty hotels were busy for once on Sept. 13-14 as an annual investment forum drew more than 1,300 bankers and investors from around the world. Expectations for the country’s financial development are sky high, especially as the first civilian government in half a century is settling in. Reforms are happening slowly but […]

Harnessing investment into Yangon’s development

The construction market has slowed considerably in Yangon over the past year but developers hope that good times for the industry will return under the new government. When the Union Solidarity and Development Party first took power, development boomed, with high-rises, flyovers, bridges and luxury condominiums built at speed, fuelled by both foreign and local investment. For the […]

Keeping the FDI spigot flowing in Myanmar

After emerging from nearly half a century of economic isolation, Myanmar has become an investment darling thanks to reforms launched by military leaders four years ago. The surge in foreign direct investment (FDI) has been substantial despite restrictions remaining in some sectors and uncertainties surrounding the upcoming general election. Even though some investors have adopted […]

Myanmar: the battle to save the built heritage of old Yangon

Without proper planning, the city could follow the path of many of its Asian neighbours in losing its architectural character Yangon is at a turning point. Since the beginning of economic reforms in 2011, dozens of new hotels, office and apartment towers have been built. Many more are being planned, together with mammoth infrastructure projects […]

Myanmar lures Asian firms

One in four Asian enterprises plan to enter Myanmar this year, making Asia’s newest emerging market one of the top investment destinations in the region, according to a survey by United Overseas Bank. Myanmar appears poised to become the beneficiary of an uptick in inbound investment and M&A activity as fears of the government backsliding […]

Myanmar coffee scene fuelled by middle class caffeine high

YANGON – Behind a wooden counter in downtown Yangon’s Coffee Club, the unmistakable hiss of a barista steaming milk briefly drowns out a funky soundtrack piped through a store filled with students glued to their smartphones. In any other Asian capital it would be a ubiquitous sight. But in Yangon, this is something new. Long […]

Video: Doing business in Myanmar – What you need to know as an entrepeneur from Singapore

The video is divided into 2 parts: Part 1: https://youtu.be/pCvYiQYDHcE To download the MP4 video https://goo.gl/gLBU1X Economic history of Myanmar – how Myanmar ended up where they are, as one of the poorest country in Asia despite its rich natural resources. A simple story of why it is more profitable to invest in Myanmar than […]

Myanmar to offer additional telecom licenses

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Myanmar will offer more telecom licenses in the future to “increase competition” in the telecom sector following its groundbreaking offering of two telecom licenses this year, a top government official said, according to Indian media reports. “Awarding these […]