Border towns are often labelled as remote villages without modern infrastructure or amenities. However, recent economic policies such as the development of special economic zones and foreign investment have led to the urbanisation of these rural areas. A clear example of this can be seen in Mae Sot district in Tak province, located opposite to […]
Myanmar auto portal on fast track amid surging demand
THOUGH the lack of stable automobile policies in Myanmar is holding back the potential for an auto boom, CarsDB.com, the nation’s largest automobile marketplace, is confident it will be able to maintain its annual two-fold growth in revenue, according to Wai Phyo Kyaw, co-founder and chief operating officer of the company. “Since the past three […]
Urbanisation at an Early but Growing Stage: WB
Myanmar is at an early but growing stage of urbanisation, having no large urban areas by East Asian standards as of 2010, a new World Bank report finds. Urbanisation in Myanmar during the first decade of the 2000s lagged behind that of its neighbours, likely as a result of Myanmar’s economic isolation, which continued until […]