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250 delegates from all over the world attend Myanmar's first banking
2013-08-09

Since 2011, Myanmar has achieved progress in its financial industry. It managed to reduce 50% of its 10 billion US dollar accumulated foreign debt, established a floating exchange rate, and liberalized its single insurance market. But more concerns are still ahead, many of which were discussed at Myanmar's very first banking and finance summit.


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There are many neighboring countries which surrounds Myanmar; namely, Bangladesh in the west, India in the northwest, China in the southeast, Laos and Thailand in the East. ... More

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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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