Sign up | Log in



Home>>Daily News>>Myanmar>>Economy>>Economy grows on strength of exports, tourism and agriculture

NEWS UPDATES Asean Affairs   May 14, 2018  

Economy grows on strength of exports, tourism and agriculture

Yangon Region Chief Minister Phyo Min Thein said on May 9 that he expects there to be more investment in the real estate, apparels and transport sectors.

He was speaking at the Yangon Investment Forum (YIF 2018).

Chairman of Yangon Region Investment Committee (YRIC) Phyo Min Thein also told media, “We have many people who need housing. If they get long term loans with affordable interest rates they don’t need to stay on the roadside. They can live in these housing projects. This is not a problem only for our country. ASEAN countries have had such experiences between the 1950s and 1970s. So we hope housing projects including low cost, affordable and high cost come here very soon.”

CM Phyo Min Thein clarified his economic aspirations in five sectors namely Trade and Logistics, Industrial Development, Urban Public Transportation Development, Sustainable Urban Development and Energy Sector Development.

He added that factories in the labour intensive garment industry will arrive in Yangon Region and he would try to change the garment industry from the current production of on job orders to garment manufacturers.

Phyo Min Thein said, “There will be a likelihood of an increase in investment in the transport sector. We had more investment last year too because there were many new companies in the Yangon Bus Service (YBS). This is a vivid increase in investment. Similarly we will have an increase in investment in other sectors.”

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

  Today's  Stories                      May 14, 2018 
• CEO Conference 2018 on the economy held in Yangon
• Indonesia eyes Indian tourists visiting Malaysia, Singapore Subcribe: Asean Affairs Global Magazine
• PLDT posts 41% increase in Q1 net income Subsribe Now !
• Yangon CM expects more investment in three sectors
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Economy grows on strength of exports, tourism and agriculture
Asean Stock Watch   May 11,  2018

• Asean Stock Watch-May 11, 2018
Asean Analysis                April 9 2018
• Asean Analysis April 9, 2018
Chinese Influence Activities with U.S. Allies and Partners in Southeast Asia
Advertise Your Brand

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand