• Retail

    Western-style shopping malls are increasingly popular in emerging markets. OBG’s retail sector analysis looks at local demand, shopping habits, opportunities for development in smaller cities, consumer spending power and brand awareness.
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What socio-economic factors drive increased consumption trends in the alcoholic beverage sector?

 

Where are the core areas of growth within the hotel, restaurant and catering sector?

 

As Myanmar’s economy continues to expand, with GDP growth forecast at over 6% in 2019 and 2020, the country’s young urban population benefits from increasing opportunities to sample new food, beverage and entertainment options, particularly as incomes and leisure times rise. Furthermore, the government’s move to open wholesale and retail...

 

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....

Chapter | Retail from The Report: Myanmar 2020

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. Considering the government’s current reform-minded trajectory and the lack...

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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