country in mainland Southeast Asia by land mass with one of the lowest population densities
ABOUT
Formerly a military dictatorship that was closed off to most of the world, Myanmar underwent a dramatic transition several years ago and now has its door open for business. Still mostly agrarian and lacking basic infrastructure almost everywhere, Myanmar ranks as one of the world’s least developed countries. Rich natural resource stores, a large population and a strategic location between China and India make the country an exciting new frontier for intrepid businesses.
QUICK FACTS
of the population has access to electricity
PROS CONS
+ Resource rich
+ Strategic location
+ Untapped agricultural potential
– Inconsistent regulatory framework
– Low administrative capabilities
– Underdeveloped banking sector
TOP EXPORTS
Mineral products
Textiles and garment
Vegetable products
Precious stones
Wood and wood products
Fish and seafood products
MYANMAR INSIGHTS
-
EU And ASEAN To Resume Negotiations On A Bilateral FTA
Ten years ago, the European Union (EU) and the Association of Southeast Asian Nations (ASEAN) started the talks for a Free Trade Agreement...
READ MORE -
Myanmar – A Green Field In The Center Of ASEAN
Myanmar is one of the least developed countries in Asia with both unique opportunities and considerable obstacles for foreign investors. It...
READ MORE -
ASEAN celebrates 50th anniversary
As a kick-off for the 50th anniversary of ASEAN (Association of Southeast Asian Nations), the organizations´ Foreign Ministers´ Retreat has...
READ MORE -
The Asian Development Bank sees Asia’s future in sustainable development
In the first week of May 2016 the Asian Development Bank (ADB) for the first time is holding its yearly meeting in Frankfurt, Germany. Focus...
READ MORE