Hi,
I think you do not arrive yet to Yangon.
You should go details on web about Myanmar. If you do not know even the big issue about Myanmar you should not come very fast.
Stock exchange is the big issue in Myanmar and there is not stock exchange yet and you need to know the reason why it does not exist here.
There is no foreign bank in Myanmar. Local banks just started to connect with other banks in South East Asia. But not complete connect yet. Why? Currency problem. IMF came here last December and went back and told us they are coming back. The tried to erase Foreign Exchange Certificate here but they cannot. Why? They cannot exactly our GDP, cannot know exactly our country's income and outgoing. There are many secret ways coming and going out of money (US Dollars). I am 42 years now and in my life I have read and known officially our country's debt only when in last month. It was first published in Myanmar in my whole life.
No Stable currency. No Foreign and no Stock Exchange. I think it will can establish at least next 3 years.
Here, the most two hottest business are establishing second used car selling company and travel business at the moment.
I think above info works out for you.
Best,
Tin
Hi, I am planning to go to Yangoon to explore any business opportunity. Any local or expats there willing to advise and help. Will be great to know someone rather than simply get someone....
Thanks,
James
Hi All, I am not just planning but confirmed going in March to Yangoon to explore any business opportunity. Any local or expats there willing to advise and meet up.
Which is consider the financial district? anyone know where the stock exchange of Myanmar is located? Thanks,