Issue 45
Following last year’s November election, Myanmar is now more open to foreign investors, states a report from the DITP overseas office in Yangon.
“Though Thailand has many advantages over other nations for investment in Myanmar, companies may need to partner with another nation such as China, Japan or South Korea in doing business in Myanmar,” DITP Director General, Malee Choklumlerd, said.
Moreover, research from the Oxford Business Group has revealed that the Myanmar economy is continually expanding, increasing the population’s income and purchasing power. Retail business has grown by between 7% and 15% since 2011.
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