Myanmar

Foreign companies are showing interest in Myanmar’s geostrategic location, abundant natural resources and youthful population. A focus on following international best business practices and reducing the informal economy, paired with an annual GDP growth forecast at around 6% in the coming years, is setting Myanmar on a path to catch up with some regional peers.

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What are the implications of Covid-19 for ASEAN and the work of the UKABC?

Myanmar has prioritised garment manufacturing, tourism, and small and medium-sized enterprises (SMEs) in a stimulus package aimed at easing the impacts of Covid-19 on the economy.

How can official development assistance (ODA) and soft financing help alleviate funding shortfalls for energy projects?

Despite seeing solid growth, 2019 posed some challenges for Myanmar, as the country continued with plans to liberalise its economy.

 

How would you characterise Myanmar’s overall business and investment environment?

 

ETIQUETTE: In a formal setting, “U” should be used in front of a name when addressing a man and “Daw” when addressing a woman. This roughly translates to Mr. and Lady. It is common practice to remove footwear before entering a workplace or home; removing shoes and socks before entering a pagoda or temple is required. A handshake is...