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Invest Myanmar News Directory
Myanmar Macroeconomic Data
(4 Myanmar Macroeconomic Data Stories Found)

BURMA POISED FOR SIX-FOLD RISE IN MULTI-MILLIONAIRES: REPORT

BURMA POISED FOR SIX-FOLD RISE IN MULTI-MILLIONAIRES: REPORT
Source: Irrawaddy - (23/08/2013)

Topics: Macroeconomic Data      Energy

WASHINGTON — The ranks of Burma’s super rich will increase at least six-fold in the coming decade as one of Southeast Asia’s poorest countries emerges from military dictatorship and embraces a market-oriented economy, according to a new report. Wealth-X, a firm which gathers intelligence on wealth, estimates in its World Ultra Wealth Report that there are 40 individuals in Burma currently who have assets worth $30 million or more. It sees that number growing by 687 percent to 307 by 2022,...


LIBERALIZATION BOOSTS GROWTH IN OPEN MYANMAR

LIBERALIZATION BOOSTS GROWTH IN OPEN MYANMAR
Source: International Monetary Fund - (14/08/2013)

Topics: Macroeconomic Data      

Myanmar has made impressive strides in opening and liberalizing the economy, boosting growth and the economic outlook, but the formerly isolated country faces considerable challenges, particularly because of its limited macroeconomic management capacity. In their regular report on the health of the Myanmar’s economy, IMF economists estimate that the country’s economy grew around 6½ percent in 2012/13, driven by gas production, construction, and services. These drivers, along with...


MYANMAR SHOWS THE HIGHEST RELATIVE GROWTH IN SOUTHEAST ASIA

MYANMAR SHOWS THE HIGHEST RELATIVE GROWTH IN SOUTHEAST ASIA
Source: Eleven - (09/08/2013)

Topics: Macroeconomic Data      Information Technology

Myanmar has the highest relative growth in Southeast Asia, according to the latest tourism statistics from United Nations World Tourism Organisation (UNWTO). Statistics from the UNWTO shows that Southeast Asia showed the highest growth among Asian subregions, with nine per cent more arrivals in 2012. "In absolute terms, growth was led by Thailand with a 16% increase in tourists over 2011. Cambodia (+24%) and Vietnam (+14%) also posted strong double-digit growth last year. Myanmar saw the...


MYANMAR REBUILDS EXPORT LINK WITH EU

MYANMAR REBUILDS EXPORT LINK WITH EU
Source: South China Morning Post - (11/03/2013)

Topics: Macroeconomic Data      

After more than a decade of isolation from the West, exporters in Myanmar are reconnecting with the European Union, which is considering the import of all commercial goods from the country free of tax - a preferential treatment the manufacturers in the Pearl River Delta could only dream of. "We are now starting to sell flip-flop sandals to Italy since the sanctions from the EU have been suspended," said a proud Kyaw Zin Htet, a second-generation Chinese migrant to Myanmar who now manages...


Did You Know?
Literacy Rate in Myanmar is 83 per cent and life expectancy is 57 years. ... More

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US eases restrictions on four major Myanmar banks
US eases restrictions on four major Myanmar banks

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Myanmar's Reforms Generate Huge Economic Potential - Invest Myanmar.biz video
Myanmar's Reforms Generate Huge Economic Potential

COUNTRY SNAPSHOT
GDP 2010 USD 45.4 B
GDP 2012 USD 54.0 B
Inflation 9.13 %
Unemployment Approx. 35%
GDP growth 2011 5.5 %
FDI 2011 USD 1.05 B
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