FDI to drive Myanmar’s growth, but political risks remain

Myanmar’s economy could grow at 6.6 per cent annually until 2030, thanks to solid investment gains, improved productivity and favourable demographics, even as weak business conditions and political risks threaten to dampen investment inflows, Oxford Economics said in a report. “We expect capital deepening to continue supporting growth, with investment to increase at a healthy […]

Suu Kyi’s dilemma over Myanmar energy mix

YANGON — When Aung San Suu Kyi’s National League for Democracy was swept into power in 2015, economic development was a key priority and the fledgling government’s social and environmental stance seemed tailor-made for foreign investors. But few foresaw the complexity of adhering to core environmental principles while also dragging a long-neglected economy into the […]

Why Gap Is Opening Factories in Myanmar

Apparel retailer Gap (NYSE: GPS ) — the parent company of Old Navy, Gap, Banana Republic, Athleta, and Piperlime — is headed to Myanmar, the country formerly known as Burma. Gap will be the first American retailer to enter the country since the former military nation transitioned into a democracy three years ago. Gap has […]