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Myanmar Highlight
THE FASTEST GROWING
ECONOMY IN ASIA (2016)
-INTERNATIONAL MONETARY FUND (IMF)
Myanmar has been one of the most exciting,
emerging economies given its abundant natural resources
and strategic geographical locations connecting
ONE THIRD OF THE WORLD’S POPULATION
by bordering Asia’s Dragon (China), Asia’s Elephant
(India) and three other SEA countries.
In 2013, Myanmar Granted Licenses to two additional MNOs
with huge commitments attached to the licence in order
to develop the social and economic welfare of the country
and its people.
Therefore together with their existing one, it has
three MNOs since 2014. The launch of these networks
transform the market with greatly improved coverage
and a significant reduction in the cost of usage.
emerging economies given its abundant natural resources
and strategic geographical locations connecting
ONE THIRD OF THE WORLD’S POPULATION
by bordering Asia’s Dragon (China), Asia’s Elephant
(India) and three other SEA countries.
In 2013, Myanmar Granted Licenses to two additional MNOs
with huge commitments attached to the licence in order
to develop the social and economic welfare of the country
and its people.
Therefore together with their existing one, it has
three MNOs since 2014. The launch of these networks
transform the market with greatly improved coverage
and a significant reduction in the cost of usage.
Official Name : The Republic of the Union of Myanmar.
Capital : Nay Pyi Taw
Head of State : U Win Myint, President of the Republic of the Union of Myanmar.
Area : 676, 577 sq km
Coastline : 2,832 km
Populations : 53.6 milion (51.16% female, 48.84% male)
65.6% are between 15-65 years of age
Currency : Myanmar Kyat (MMK)
Major Crops : Rice, Beans and Pulses, Fruits and Vegetables.
Major Export Items : Natural gas, Gemstones, Timber, Rice, Beans & Pluses,
Marine Products, Rubber, Garment.
Major Import Items : Petroleum products, machinery and spare parts,
construction materials, plastic raw materials, palm oil, Vehicles and spare parts,
pharmaceuticals,cement, fertilizer.
Major trading partners : China, Thailand, Singapore, India,
Malaysia, Hong kong, Japan, Korea, Indonesia, Bangladesh, Germany.
GDP : 6.9% (2016-2017)
After 2013, after the launch of new telecoms, the pricing war and infrastructure development which ultimately was and still the focal point of customers acquisition between telecoms begin. Myanmar digital landscape can be see in the following figure:
Figure: 1.1 Myanmar Digital Landscape
Myanmar Digital Contents Association
:Bld 19, #06-704/705, MICT Park, Hlaing Township, Yangon, Myanmar
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