Doing Business in Yangon 2018

Doing Business in Yangon 2018

Myanmar's recent political and economic reforms have opened up the economy to the world. As its financial and commercial centre, Yangon is a magnet for investors and is posed to grow across many sectors. Much has been written in recent years on doing business in Myanmar, but few focused on Yangon. The purpose of this guide is to arm readers with an overview of the information they may need for doing business in Yangon, and provide our insights on opportunities in certain key sectors.

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Myanmar: Asia's next rising star

Myanmar is one of the remaining frontier markets which is expected to become Asia’s next rising star. Over the past five years, the government has established the necessary fundamental building blocks to tap into the country’s true potential and multiple changes in regulations are already being undertaken to support the economy. Prior to the elections in November 2015, the economy was already projected to grow at a rate of 7 to 8% annually and broad market sentiment is hoping that this can further improve with the National League for Democracy (NLD) winning the elections and about to come to power.

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