Business in Myanmar, Yangon. Burmese Economy

1. Introduction to the Union of Myanmar (Burma) - Southeast Asia ASEAN.
   1. Aung San Suu Kyi (Nobel Peace Prize)
2. Burmese economy
3. Business in Yangon
4. Burmese International Trade
5. Port of Yangon
6. Investment in Myanmar
7. Case Study:
   1. Myanmar Brewery
   2. Waaneiza
   3. Mobilemate Telecommunications
8. Access to the Burmese market
9. Business Plan for Myanmar

The purposes of the subject “Foreign Trade and Business in the Union of Myanmar” are the following:

1. To analyze the Burmese Economy and Global Trade
2. To know the trade opportunities in the Union of Myanmar
3. To explore the Burmese trade relations with the country of the student
4. To know the Burmese Trade Agreements
5. To examine the profile of Burmese companies
6. To develop a business plan for the Burmese market

The Subject “Foreign Trade and Business in Myanmar” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: World Trade.

Masters: International Business, Foreign Trade.

Languages: or Myanmar Myanmar.

1. Credits of the subject “Doing Business in Myanmar”: 1
2. Duration: one week

Transport and Logistics in Myanmar

1. Port of Yangon
2. East-West Corridor (Myanmar-Vietnam)
3. Bangladesh-Myanmar Corridor
4. Asia-Africa Corridor
5. Access to the Nanning-Singapore Economic Corridor

Burmese Trade Agreements and preferential market access:

1. Myanmar and the Buddhist Economic Area
2. ASEAN
   1. ASEAN Economic Community
   2. ASEAN Free-Trade Area
   3. Trade Agreements (as a member of the ASEAN): Australia-New Zealand, India, Canada, China, the EU, Japan, South Korea, the U.S., Australia- New Zealand and Pakistan
   4. Mekong Economic Cooperation
   5. Mekong River Commission (dialogue partner)
3. Greater Mekong Subregion
4. Bay of Bengal Initiative
5. Asian Clearing Union
6. Regional Comprehensive Economic Association
7. GSP
8. Trade Agreements with Bangladesh, Israel, and Sri Lanka
9. Global System of Trade Preferences
10. South Asian Association for Regional Cooperation (Observer)

1. WTO
   1. GATS
   2. Agreement on Sanitary Measures
   3. Agreement on Technical Barriers to Trade
   4. Agreement on Preshipment Inspection
   5. Agreement on Safeguards
   6. Trade Facilitation Agreement
2. WCO
   1. Kyoto Convention
3. BIC (Containers)
4. Chicago Convention (ICAO)
5. International Maritime Organization
   1. Istanbul Convention - not a member
6. Customs Convention on Containers - not a member

1. Boao Forum for Asia
2. Asia Cooperation Dialogue
3. ESCAP
4. Asian Development Bank
5. Colombo Plan
6. East Asia-Latin America Cooperation
7. Africa-Asia Strategic Partnership
8. Asia-Middle East Dialogue

1. UN
2. WB
3. WTO
4. IMF

1. Borders of the Republic of the Union of Myanmar: China, Laos, Thailand, Bangladesh, and India
2. Capital of Burma is Naypyidaw
3. The largest city of Myanmar: Yangon (Rangoon)
4. Burmese is the official language (32 million speakers)
5. 68% of the population of Myanmar are Burmese
6. Burmese population: 51.4 million people
7. Area of Myanmar: 676,578 km²
8. Type of Government of Myanmar: Unitary Parliamentary Republic
9. Burmese Independence: 1948 (UK)

Main religion in Burma: Theravada Buddhism (89% of the Burmese population - 60 million people).

1. Christianity is the second religion (7%)
2. 1 million of Baptists

Burma belongs to the Buddhist Civilization

Burmese Economy:

1. The Government controlled the activity in the strategic sector of the Burmese economy: energy, heavy industry, and international trade of rice (control local rice prices)
2. The Military commercial entities dominate the economy of Myanmar
3. The Republic of the Union of Myanmar is rich in resources (hardwood timber, natural gas, fishery reserves, gems, and jade)
4. The agricultural sector (agriculture, livestock, fisheries, and forestry) represent 50% of the Burmese GDP
5. In the recent years, the Union of Myanmar has liberalized local and international trade, promoting the private sector and opening the country to the FDI
6. Burmese Currency: Kyat (K) (MMK)

Global Trade and Business in Myanmar:

International Trade of Burma.

1. Rice exports of Burma hit a record
2. The main Burmese export products of Myanmar are natural gas (38%), agricultural export products (18%), precious stones, timber and forest products, and marine products
3. The largest export markets of Myanmar are Thailand (40%), Singapore (13%), Hong Kong and India (11%), China (8%), and Malaysia
4. The main imports products of Myanmar are petroleum, textiles, machinery parts, steel, iron, and bars
5. The largest Burmese import markets of Myanmar are Singapore (30%), China (18%), the Bahamas (13%), Thailand, and Japan
6. The Port of Yangon is the largest port in the Union of Myanmar (90% of the foreign trade -exports and imports-)

(c) EENI Global Business School (1995-2024)
We do not use cookies
Top of this page