Overview

Exploration projects and supply chain improvements tap Myanmar's energy potential
OBG
plus

In addition to being crucial to economic activity, Myanmar’s energy and power sector continues to be one of the main drivers of foreign investment as the country looks to develop its national electricity grid. As of October 2019 the amount of foreign direct investment (FDI) approved by the government in the energy sector for that year stood at $43.6bn, representing just over of half of total…

Overview

New regulations on condominium sales and mortgage financing set stage for recovery of Myanmar's real estate sector
OBG
plus

In recent years Myanmar’s real estate market has been hampered by oversupply, regulatory uncertainty, and an absence of consumer financing or avenues for international investment. However, as market conditions improve, new laws and regulations governing the development and sale of condominiums to foreigners, along with greater flexibility in mortgage financing, have set the stage for a sector…

Overview

Infrastructure development supports construction growth in Myanmar
OBG
plus

Construction activity has increased significantly in Myanmar as the country works to address gaps in transport and power infrastructure, as well as an affordable housing shortage. The creation of several economic zones aimed at attracting investment and new cities over the coming years is expected to further the expansion. Cooperation with international organisations and partners such as China,…

Overview

China's Belt and Road Initiative energises construction activity globally
OBG
plus

From 206 BCE to 220 CE, China’s Han dynasty fostered a booming trade industry in silk, a precious commodity in high demand among the elites of the Mediterranean. The Silk Road was the name given to the network of trade routes connecting the East and West at the time. Later, spices and other precious cargo would be traded using the system, fostering not only economic, but also cultural links…

Overview

Emerging markets strive to solve housing deficits amid rising urbanisation
OBG
plus

Urbanisation is a mega-trend redefining contemporary life in both developed and emerging markets across the world. This mass rural-to-urban movement of people and expansion of cities to absorb formerly isolated villages is a relatively recent phenomenon, at least in the developing world. According to the UN, in 1950, 751m people lived in urban areas; however, by 2018 this number had risen…

Overview

New projects set to improve transport connectivity in Myanmar
OBG
plus

The slow and steady improvement of transport infrastructure has been one of Myanmar’s less celebrated successes. Nothing illustrates this achievement better than Yangon, the country’s commercial capital. Yangon International Airport, for instance, has undergone significant upgrades and now has an annual capacity of 20m passengers. Upgrades are also being made to the Yangon Circular Railway.…

Overview

Growth of the global aviation industry spurs investment worldwide
OBG
plus

The aviation sector is experiencing rapid growth worldwide, propelled by booming tourism industries, lower air fares and the push for greater connectivity in an increasingly globalised economy. Middle-class expansion has also spurred growth in air travel, as more people are able to afford flights for holidays or business-related travel. According to Boeing, commercial airlines experienced annual…

Overview

Economic zones and infrastructure developments improve Myanmar's attractiveness for manufacturing
OBG
plus

Industry in Myanmar has benefitted from a period of strong economic growth, an increasingly welcoming environment for foreign investment and more open regulatory reforms. However, as Myanmar heads into an election year, it is hoped that the reform agenda does not stall as politics ramps up. Regulations In November 2019 Parliament voted in favour of President U Win Myint’s proposal to merge…

Overview

E-commerce set to expand in the world's emerging markets
OBG
plus

While e-commerce has become well established in more developed markets, the segment has been slower to take off in emerging economies. Online purchasing has been held down in these markets by financing, purchasing and logistics challenges. Nevertheless, online sales are growing rapidly in many developing countries in spite of these obstacles. Some governments are changing frameworks to boost…

Overview

Liberalisation and new trademark law drive growth in Myanmar's retail sector
OBG
plus

As recently as 2011, before economic liberalisation began to gain speed, Myanmar had no access to international brands. In strong contrast, in 2019 Yangon’s Junction City Mall had a 100% occupancy rate, hosting a number of popular restaurants, shopping and entertainment venues. The growth of such complexes is striking, as is the potential for further growth in the country’s rapidly burgeoning…