YANGON (Reuters) – Business confidence among entrepreneurs in Myanmar dropped “drastically” this year due to unclear economic policy, a survey shows on Tuesday, amid growing frustration over leader Aung San Suu Kyi’s management of the fledgling economy. Suu Kyi has identified economic reform as a key goal to complete Myanmar’s democratic transition after decades of […]
Lack of policy direction leads to drop in investor confidence
Alarm bells are ringing after a substantial drop in investor confidence in Myanmar as a result of the lack of a clear economic policy and plan in the economy. According to the second Myanmar business confidence survey conducted by Roland Berger in partnership with Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) […]
Business Sector Optimistic But Wants Clarity
The absence of a clear economic policy and an unpredictable legislative environment are among the key issues for local and international firms in Myanmar, according to the results of Roland Berger’s first business confidence survey. But most companies polled are still optimistic on the outlook. The consultancy firm surveyed almost 200 senior executives from local and […]