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 I – Tourism: an Economic Generator & Infrastructure Constraints
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
Retail – Myanmar’s Economy Fueling the Retail Boom, Challenges, Opportunities and Outlook
 
A Look into Myanmar's Services Sector: Transportation
Transportation is an important component of Myanmar’s economy. Economic opportunities have been related to the mobility of its people, goods and information. When transport infrastructures are efficient, they present opportunities for the economy and society, and its benefits will result in a multiplier effect such as improved accessibility to markets, employment and additional investments.
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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 I – Tourism: an Economic Generator & Infrastructure Constraints
Hotels and Tourism Part II – Opportunities, Government Support & Outlook
Telecommunications – More than Just Talk-time, Challenges, Opportunities and 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: Banking & Finance
Following the economic reforms brought by Myanmar's democratic transition, investors are strategically looking for productive investment opportunities in the country. 
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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:
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
This post is the second in a 2-part article addressing Myanmar’s Hotel & Tourism sector. It will explore the Opportunities, Government Support and Outlook of the sector.
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Click here to read part 1 – Introduction and Infrastructure Constraints

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.

This article is the second in a 3-part series called 'Myanmar: Time to Invest or Investigate'
Click here to read Part I - Time to Invest
Click here to read Part III - Time to Investigate II

OUR VIEWPOINT ON CLIENTS’ DRAWBACKS HINDERING THEM FROM STEPPING FOOT IN MYANMAR
 
While there are opportunities in Myanmar for foreign investors, Myanmar is not without its own weaknesses that we have to acknowledge. In a way, it would be good if investors hold realistic expectations about the pace of the economic reforms.
 
1. Lack of access to information.
 
Our view: Finding reliable and trustworthy data within Myanmar is undeniably a real challenge for all investors. Many investors are hesitant because of this major point.
 
A wise choice out is to get inside the country and you will know you are entitled to a different view. Access to information improves, eliminating all hearsays and empowers the decisions you will be making.  

This article is the first in a 3-part series called 'Myanmar: Time to Invest or Investigate'
Click here to read Part II - Time to Investigate I
Click here to read Part III - Time to Investigate II

WHY YOU CAN AND SHOULD MOVE INTO MYANMAR NOW?
1. Leverage on the uncertainty surrounding new foreign investment law
2. First mover opportunity
3. Organizational investments will continue to increase

1. Leverage on the uncertainty surrounding new foreign investment law
Since the introduction of the new Foreign Investment Law (FIL) 2012, critical discussion regarding the legislative framework ambiguity has never ceased; emphasizing on the lack of clarity in the foreign investment regulations. Many has the perception that the FIL as a set of rules cast in stone and restricted activities to foreigners will continue to be constrained permanently. 

Before 2012, this country is certainly not a mainstream market for investment for many companies out there. However its political transformation from the military junta to one of civilian rule started with President U Thein Sein which dates back as far as in 2010, has somewhat spark the movement from global businesses to leverage on the opportunity to establish their business presence in Myanmar. Moreover following the recent landslide victory of the National League for Democracy (NLD), there have been a lot of anticipation and hype over this promising land for businesses.
 
While investors are pulling out funds parked in China and other large emerging economies, Myanmar, on the contrary is seemingly still an attractive market. Many investors are looking to get in this last Asian frontier market early, to establish their global footprint and leverage on the "First Mover Advantage". Indeed, with Myanmar’s proximity to China, India and the rest of South-east Asia and it being a major supplier of natural resources, this country is unquestionably the next hunting ground for new investors.
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