Myanmar (also called Burma) is located in Southeastern Asia, bordering the Bay of Bengal, with India on the west and China on the east. It covers an area slightly smaller than Texas. The terrain consists of central lowlands surrounded by steep, rocky highlands. A tropical monsoon gives the country hot, humid and rainy summers with mild winters. Natural resources include petroleum, timber, tin, antimony, zinc, copper, tungsten, lead, coal, some marble, limestone, precious stones, natural gas and hydropower.
While rich in resources, Myanmar suffers from intrusive government controls, inefficient economic policies, and rural poverty. Steps to liberalize the economy in early 1990s stalled and many liberalization measures were withdrawn. The most productive sectors will continue to be oil and gas, mining, and timber. Other areas are hampered by inadequate infrastructure, unpredictable import/export policies, deteriorating health and education systems, and corruption. A major banking crisis in 2003 disrupted the economy. Better investment and business climates and an improved political situation are needed to promote foreign investment, exports, and tourism. Gross domestic product (GDP) is comprised of: agriculture (55%), industry (13%), services (32%).
Myanmar has around 424,900 Telephone lines and 63,700 Internet users
It is a great opportunity to open a new market in Myanmar by registering your .MM domain name.