DESPITE the ongoing Rakhine crisis and intensification of conflicts that may impact on the performance of the tourism sector and investor sentiment, Myanmar’s economy is slowly picking up speed and regaining stability after a volatile 2018, and that could continue if the country invests wisely and inclusively, says a new report by the World Bank.

MYANMAR’S hopes of becoming Asia’s last frontier market would be realised only if the government could create a clear and transparent regulatory environment for attracting investment and financing the economy, according to Patrick Cooke, regional editor for Asia at Oxford Business Group (OBG), a global research and consultancy firm.