The ICT sector is perhaps Myanmar’s most advanced area of the steadily growing economy. Nevertheless, the era...
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.
After a year of external expansion and internal reorganisation due to Covid-19, South-east Asia’s super apps appear to be looking towards mergers and public listings as a strategy for future development.
What impact did Covid-19 have on Myanmar’s efforts to expand ICT access to a greater proportion of the population?
After enjoying years of exponential growth, South-east Asia’s super apps have been forced to reassess their business models as a result of Covid-19, with many refocusing their priorities as they plan for the post-pandemic world.
Covid-19 has shaken up the development of the digital economy in Myanmar, with the pandemic leading to a rise in demand for home broadband in this traditionally mobile-first market.
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
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