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The Report: Myanmar 2018: Agriculture & Forestry
OBG
plus

While it has gradually reaped the rewards of diversification efforts to end overreliance on rice, Myanmar’s agriculture sector is now at a crucial juncture. Although progress has been made, structural impediments continue to weigh on farming output. However, a new development strategy is expected to enhance sector monitoring, boost production, and improve the industry’s regional and global competitiveness.…
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The Report: Myanmar 2018: Industry & Retail
OBG
plus

Myanmar’s recent economic growth, low wages and favourable tax exemptions have spurred the arrival of international manufacturers. To support this trend, the government has enacted a range of policies to promote the development of special economic zones (SEZs) and industrial clusters. Manufacturing capacity is on the rise as a result, helping to diversify the economy away from its traditional reliance…
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The Report: Myanmar 2018: Transport & Logistics
OBG
plus

As the largest country in mainland South-east Asia, and sharing borders with around 40% of the world’s population, Myanmar holds enormous potential to become a regional transport and logistics hub. However, the country suffers from a notable infrastructure deficit. Although several major highway projects have been completed, much of the road network is in need of upgrades, while the national rail…
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The Report: Myanmar 2018: Construction & Real Estate
OBG
plus

The construction sector in Myanmar has experienced some turbulence in recent years. Changes to the regulatory framework and budget deficits have had an impact on the construction of houses, while plans to upgrade the country’s infrastructure have faced economic and political constraints. Nonetheless, the government is determined to move forward with new regulations and secure funding for a series…
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The Report: Myanmar 2018: Energy
OBG
plus

Myanmar’s energy sector is set to remain on a steady headline growth trajectory in 2018, with rising domestic electricity and fuel consumption, abundant renewable resources, and a strategic geographic location at the crossroads of India and China continuing to offer opportunities to foreign investors. Although the upstream oil and gas segment’s near-term outlook is subdued given current global…
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The Report: Myanmar 2018: Telecoms & IT
OBG
plus

The expansion of Myanmar’s telecoms market continues to live up to its early promise, with industry reform viewed as the most significant economic success since the military ceded power in 2011. In the relatively short period of time since, the sector has become an important enabler of socio-economic development, attracting billions of dollars in investment, fostering the emergence of tech start-ups…
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The Report: Myanmar 2018: Financial Services
OBG
plus

Myanmar’s largely unbanked population of over 53m presents vast growth opportunities, and rising demand for the newly emerging financial sector has already led to a sizeable expansion of services and investments. Enthusiasm for the Myanmar market among private domestic and international insurers has been high, as the country promises significant potential returns. With the new Yangon Stock Exchange…
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The Report: Myanmar 2018: Trade & Investment
OBG
plus

Trade and investment has expanded rapidly in Myanmar since 2011, bolstered by economic liberalisation, legal reforms, a large untapped domestic market and a favourable geographic position bordering Bangladesh, China, India, Laos and Thailand, which together comprise 40% of the world’s population. However, several factors weigh on 2018’s investment outlook, including ambiguous legislation and red…
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The Report: Myanmar 2018: Economy
OBG
plus

Although it has moderated from earlier double-digit highs, GDP growth remained robust in the early 2010s, accelerating from 5.3% in 2010 to 5.6% in 2011, 7.3% in 2012, 8.4% in 2013 and 8% in 2014. Growth has dropped off slightly since 2015, reaching 7% that year and 6.1% in 2016, according to the IMF. External headwinds, internal conflict and delayed implementation of some key reform policies will…
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The Report: Myanmar 2018: Country Profile
OBG
plus

Considered to be the last frontier market in South-east Asia, Myanmar remains focused on creating the right set of conditions to attract and facilitate foreign investment to spur economic development. Following decades of military rule that maintained a socialist and centrally planned economic model, cutting off access to the world’s financial markets and main trading routes, the country’s ongoing…