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ARTICLE · 10 MAY 2019

Doing Business In Myanmar

With Myanmar's recent political and economic liberalisation, it is timely for foreign businesses to look for business opportunities in Myanmar.

MyanmarCorporate/Commercial Law

Myanmar Business Climate

With Myanmar's recent political and economic liberalisation, it is timely for foreign businesses to look for business opportunities in Myanmar. Previously known as Burma, Myanmar has an estimated population of 55.5 million. Yangon (previously known as Rangoon) is Myanmar's largest metropolis and its commercial and intellectual hub.

According to a report by The Economist, Myanmar's has a significantly large youthful population. Fifty five percent are under the age of 30, and the median age is 27. This presents an excellent opportunity for sustainable economic growth.

Despite being the fastest growing economy in Southeast Asia in the last two years, foreign brands are still under-represented in Myanmar.

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