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The emergence of Suukyinomics

State Counsellor Aung San Suu Kyi’s National League for Democracy (NLD) administration in Myanmar has been heavily condemned by international policy analysts for its absent economic vision and lack of a tangible policy on minority management. But it seems now there is a plan: Suukyinomics, a brand that began with the announcement on 28–29 January […]

Invest Myanmar Summit 2019, 28-29 January 2019 Nay Pyi Taw

Invest Myanmar Summit 2019 is a collaboration between the Union Government of Myanmar, the Region States of Myanmar and the business community to create a platform for businesses to meet. The two-day event is designed to provide international and local investors the opportunity to discover the investment potential of Myanmar. It is a platform where […]

Project bank to facilitate infrastructure development established

A Project Bank of Public Investment Programs to facilitate major project proposals from the States and Regions has been established under the Myanmar Sustainable Development Plan (MSDP), Minister of Planning and Finance U Soe Win said during the 2018 Commerce Fair held in Yangon on December 1. “Currently, Myanmar still lacks basic infrastructure. If this […]

Fitch Solutions downgrades Myanmar’s construction outlook on Rakhine and reform inertia

Consulting firm Fitch Solutions Macro Research downgraded the growth forecast for Myanmar’s construction industry, saying economic reforms which would boost infrastructure development had been knocked off course and the northern Rakhine crisis would weigh on the economy. Fitch Solutions Macro Research, a unit of London and New York-headquartered Fitch Group, on Friday cut the expectations […]

Viability of infrastructure projects essential for investments

Sean Turnell, economic adviser to the State Counsellor, said the country’s macro-economy is “remarkably robust and resilient” despite the odds during the Myanmar Global Investment Forum by Euromoney held in Nay Pyi Taw yesterday. The adviser cited the World Bank’s estimate of 6.7 percent GDP growth in 2018-19 and said that the budget deficit has […]