As Myanmar’s economy continues to grow, foreign investors will always have ample opportunity to establish their business presence. In the next few months, follow us as we look into Myanmar’s individual services sector, highlighting their specific challenges, opportunities and its general outlook in the long term.

Sectors we have covered:
Hotels and Tourism Part II – Opportunities, Government Support & Outlook
Banking and Finance – The Economic Driver, Challenges, Opportunities and Forecast
​Telecommunications – More than Just Talk-time, Challenges, Opportunities & Outlook
Transportation – Better Transport to Boost Economic Growth, Challenges, Opportunities and Outlook
Retail – Myanmar's Economy Fueling the Retail Boom, Challenges, Opportunities and Outlook

A Look into Myanmar's Services Sector: Hotels & Tourism
In recent years, the hotels and tourism sector has played a key role in Myanmar's economic development. The growing number of tourists and expats reflect the booming sector and the government has indeed taken steps to further develop it. In this first of a 2-part series looking at the Hotels and Tourism sector, we will address the current situation and its challenges. Subsequently we will look into its opportunities and the sectoral outlook in the second part.

Singapore is known for having one of the world’s most attractive tax rates for enterprises. A key consideration for entrepreneurs who are deciding where to register their companies is the country’s corporate tax rates. In our previous blog post, we talked about Why Singapore is still the best place to do business? So it is not just the ease of business formation process but also and more importantly, the tax rate which is lower as compared to other developed nations. This blog post will highlight three of the common tax reliefs for Singapore companies.