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Myanmar is a country rich in jade and gems, oil, natural gas and other mineral resources. In 2013, its GDP (nominal) stood at US$56.7 billion and its GDP ( PPP ) at US$221.5 billion. [ 1 ] The income gap in Myanmar is among the widest in the world, as a large proportion of the economy is controlled by supporters of the former military government.
This subsequently expanded into the finance, agriculture, aviation, manufacturing, and tourism sectors. [ 2 ] Aung Ko Win (also known as Saya Kyaung) is a former schoolteacher with close connections to General Maung Aye , the former second in command of the former military junta, the State Peace and Development Council (SPDC). [ 1 ]
Myanmar Citizens Bank [6] Glory Farmer Development Bank (G Bank) Kanbawza Bank; Myanma Apex Bank; MD Bank; Myanmar Metro Bank; Myanmar Oriental Bank; Myanma Tourism Bank [7] Shwe Rural and Urban Development Bank (Shwe Bank) Tun Commercial Bank (formerly Tun Foundation Bank) uab bank; Yoma Bank; First Private Bank
CB Bank is one of Myanmar's oldest and largest commercial banks. It became the first bank in Myanmar to issue ATM cards and credit cards. [2] The bank, led by U Khin Maung Aye (Chairman) [3] and U Kyaw Thu Ko (CEO) [4] has over 245 branches across the country.
Pristine is a VC funded startup that develops software for hands-free smartglasses and smart mobile devices, enabling video collaboration and remote support in industrial and manufacturing environments, field service management and healthcare. [1] Pristine is based in Austin, Texas.
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During the 2018 ASEAN summit, State Counsellor Aung San Suu Kyi called on businesses to invest in Myanmar. She delivered a keynote speech, inviting foreign entities to invest in the country’s priority sectors (including agriculture, food processing, fisheries, export promotion, import substitution, energy, logistics, education, healthcare and construction), saying that investing in Myanmar ...