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Myanmar business news

Advertising industry picking up in Myanmar

With Myanmar opening its doors to international brands, advertising expenditure in Myanmar is growing by leaps and bounds. According to a local research firm, five years ago advertising expenditure was worth just US$24 million. Last year, it increased ...

World Bank says Myanmar economy set to grow 6.8% next year

Myanmar's economy is set to grow an estimated 6.8 percent next year, placing it among Southeast Asia's fastest growing economies, although rising inflation threatens the poor, the World Bank said on Wednesday. <p>Expansion would be driven by energy ...

The American Chamber of Commerce launched its Myanmar chapter in Yangon

The American Chamber of Commerce launched its Myanmar chapter in Yangon last week, the US Embassy said in a statement. <p>The US government welcomed the move and thanked American businesses for their enthusiastic support of the new chapter and for b...

Investing in Myanmar: China Accounts For 1/3 Of Foreign Investment In Myanmar With $14 bn

Chinese companies account for a third of the nearly $44 billion of foreign investment Myanmar has approved since 1988, highlighting China’s long history of dominance in its impoverished Southeast Asian neighbor. <p><img src="http://media.myanmarbusi...

Doing business in Myanmar: Myanmar ranked low 182 in ease of doing business

YANGON, Myanmar (AP) — Touted with fanfare as Asia's last major frontier market, a new World Bank reports ranks Myanmar as one of the hardest countries in the world to start a business. <p>The desperately poor but resource-rich nation was for the fi...