Myanmar map

  • 25%

    of the population has access to electricity.

  • 593,000

    international tourist arrivals in 2012.

  • 90%

    of the world’s rubies come from Myanmar.

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

  • Population: 53 million
  • GDP: $55 billion
  • GDP growth: 6.8%

Pros / Cons

  • + Resource rich
  • + Strategic location
  • + Untapped agricultural potential
  • – Inconsistent regulatory framework
  • – Low administrative capabilities
  • – Underdeveloped banking sector
Top Exports

  • Mineral fuels and oils
  • Wood and wood products
  • Apparel and accessories
  • Edible vegetables
  • Precious stones and metals
  • Fish and seafood products



EU and ASEAN to resume negotiations on a bilateral FTA

March 22nd, 2017 by bdg-asia

Ten years ago, the European Union (EU) and the Association of Southeast Asian Nations (ASEAN) started the talks for a Free Trade Agreement (FTA) between the two sides. However, two years later, the talks were discontinued as the EU instead …


Myanmar – a green field in the center of ASEAN

March 17th, 2017 by bdg-asia

Myanmar is one of the least developed countries in Asia with both unique opportunities and considerable obstacles for foreign investors. It can be seen as one of the last green fields in the most dynamic economic region in the world …


ASEAN celebrates 50th anniversary

March 3rd, 2017 by bdg-asia

As a kick-off for the 50th anniversary of ASEAN (Association of Southeast Asian Nations), the organizations´ Foreign Ministers´ Retreat has been held on Boracay Island in the Philippines.Since its foundation in 1967, ASEAN´s scope has developed way beyond the initial …


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