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KWR International and MMRD Business Insight Release Joint “Business and Investment Opportunities in Myanmar’s Banking and Financial Sector” Report

Business and Investment Opportunities in Myanmar's Banking and Finance SectorYANGON – (SEPTEMBER 18, 2014) – KWR International (Asia) PTE LTD. (KWR), in partnership with MMRD Business Insight (MMRD), a division of Myanmar's largest market research firm, today announced the release of a joint report, entitled "Business and Investment Opportunities in Myanmar’s Banking and Finance Sector." The 44-page report takes an in-depth look at an increasingly dynamic sector that's projected to contribute US$11.1 billion and 400,000 jobs to Myanmar's economy by 2030.

To access details and purchase a copy of the report for $450, please click here.

In their first formal collaboration, KWR and MMRD analyzed the evolving opportunities and potential challenges of recent developments in Myanmar's banking and financial sector and the resulting implications for foreign and local financial institutions, businesses and investors.

"The sweeping reforms now underway in Myanmar—covering monetary policy, democratic institutions, banking, microfinance, trade, capital markets and more—open a host of opportunities to foreign businesses and investors," said KWR President Keith Rabin, who served as Project Director for the report. "But those changes also make Myanmar a difficult market to navigate, particularly for newcomers, who lack local contacts and up-to-date knowledge."

"We welcomed the opportunity to work with MMRD, given the firm's on-the-ground presence and its reputation for excellence and its long experience operating throughout Myanmar," said Rabin. "With a growing number of inquiries from businesses and investors with an interest in the Myanmar market, this cooperation will allow us to further expand our presence in Myanmar and reinforce our ability to meet client needs moving forward."

MMRD's Research Director Aung Min shared enthusiasm for this partnership. "KWR's experience in Myanmar spans three decades – and it also has extensive experience dealing with governments and companies of all sizes from the United States, Europe and Asia including Japan, Korea and ASEAN. This brings us a valuable perspective and ability to better understand the needs and expectations of foreign companies and investors entering the Myanmar market," said Aung Min. "This report not only looked at the technical details of each facet of the banking and financial sector, and legal and accounting standards, but also gave a thorough overview of some of the cultural challenges foreigners may encounter upon entering the Myanmar market."

Aung Min continued, "This report is the first in a series of joint KWR/MMRD efforts to promote business and investment opportunities in Myanmar's fast-growing and ever-evolving economy. We look forward to working together to provide needed information and expertise as more and more of Myanmar's untapped sectors open to foreign investors and businesses."

"Business and Investment Opportunities in Myanmar’s Banking and Finance Sector" examines Myanmar's key domestic institutions and participants, new market entrants, macroeconomic and regulatory policy, as well as opportunities in commercial and consumer banking, trade, microfinance, insurance, capital markets and a broad range of financial services.

For more information, please contact:

Christina Madden
Lead Analyst – KWR International (ASIA) PTE, LTD.
Myanmar@kwrintl.com
Tel +1-212-532-3005 (US and International)
+95-90421135567 (Myanmar – no voicemail)

About KWR

KWR International (Asia) PTE, LTD., is a consulting firm specializing in the delivery of research, communications and advisory services with a particular emphasis on Asia-focused investment, trade and business development, economic, policy and industry analysis, public/investor relations, cross border transactions, business strategy and market entry programs. Wide sectoral experience includes energy and alternative energy, natural resources, environment, technology, telecommunications, hard and soft goods, tourism, defense, real estate, automobile, macroeconomic policy and investment, trade and export services. This includes engagements for a wide range of national and local government agencies, trade and industry associations, start-ups, turnarounds, venture and technology-oriented companies and multinational corporations; as well as financial institutions, investment managers, financial intermediaries and legal, accounting and other professional service firms. For more information, please visit: http://www.kwrintl.com

About MMRD Business Insight

MMRD LogoBusiness Insight is one of the key departments of MMRD, the leading research agency in Myanmar. MMRD-Business Insight has conducted over 100 BI research projects using both qualitative and quantitative research methodologies in the past five years. Services provided by the BI department include Industry Overview, Market Study, Industrial Research and Feasibility Studies for its business and industrial clients. It provides sector wide research on trade, investment, transportation, logistics, telecom, labour, industrial and agriculture as well as product-wide services covering most industrial, consumer and  pharmaceutical products. In addition to research services, MMRD-Business Insight has released customized and syndicated reports on its own and in collaboration with well-known international organizations. Please visit: http://www.mmrdrs.com

An old hand with an ‘eye for Myanmar’ - M-ZINE+’s Victoria Bruce speaks to Keith Rabin

 

Keith Rabin is president of KWR International (KWR), an American consulting firm specializing in delivering economic-based research and consultancy services. He first visited Myanmar in 1980.

His professional experience spans engagements for the Japan External Trade Organization (JETRO), the Japanese Ministry of Economy, Trade and Industry (METI), the Japan Bank for International Cooperation, the Korea Securities Dealers Association (KSDA), and numerous foreign and local governments and business associations.

You’re a veteran of the American financial community – what has been the general reaction towards Obama’s Myanmar visit and US re-engagement with Myanmar? Is Myanmar a country on the US business community’s radar and why?

The general view in the US toward Myanmar is one of curiosity. Most businesses remain primarily focused on our domestic economy and few have any experience dealing with Southeast Asia. Where tangible interest exists, it remains mostly focused on China, though it is true that interest is growing. So aside from the major multinationals and a few select cases, I don’t think you can really say it is ‘on the radar’. This is especially true in comparison to what we are seeing from clients and contacts in Japan, Korea, other parts of ASEAN and Australia. While it is also early in these markets, they have both shown more interest, and in general begun taking steps to identify specific opportunities and entry strategies.

Part of the challenge is U.S. firms need to redefine their approach to international business. Until recently Southeast Asia and emerging markets were seen primarily as a low-cost collection of countries from which to manufacture products and commodities for export. This, however, is changing as these markets expand, wages and costs rise, and growing numbers of people adopt middle class or better lifestyles. This is creating more demand for the higher-value products, services and brands produced by U.S. companies at a time when our own cost competitiveness is improving relative to other countries and revenue growth is difficult in more mature markets given current economic weakness in the U.S., E.U. and Japan.

Keith, tell us about your personal experience with Myanmar. When did you first visit the country?

I first visited Myanmar in 1980. China was opening up at that time, and I had thought about becoming involved there, but I had seen a documentary on Myanmar a few years earlier in college and after a business trip took me to Asia I visited Myanmar and decided to start a trading company that focused on this market.

I became one of a very small group of non-diplomatic foreigners allowed to extend my visa and for the next seven years travelled extensively within the country and spent several months a year there. Maintaining close relations with a wide range of government and private entities in Myanmar as well as the U.S., we worked 

To read the full interview, please visit: http://www.kwrintl.com/library/2012/Mzine_Issue49_Vol%201-US_Myanmaredit...

Article from HSBC "Business without Borders" concerning our activities in Myanmar

KWR Myanmar Report Advertisement in The Myanmar Times

Myanmar Times: FDI report outlines opportunities, risks

FDI report outlines opportunities, risks
Share
By Stuart Deed
Volume 32, No. 626
May 14 - 20, 2012
POTENTIAL investors are crawling all over Myanmar, with the previous pariah nation now regularly described as the region’s “final frontier”.

However, would-be investors are finding that tracking down reliable information on the country’s different sectors can be a major challenge. In recent months a number of reports informing potential investors have been written, including international heavyweights such as the Economist Intelligence Unit.

In a further addition to the burgeoning field, Mr Keith Rabin, authored the recently released report: Business and Investment Opportunities in the ‘New’ Myanmar.

“This initial report is designed to provide perspective on recent developments in Myanmar and how companies and investors can begin positioning themselves to take advantage of the opportunities now emerging,” he said.

Mr Rabin said in an email interview with The Myanmar Times that the report is based on interviews with leading experts and reviews of several hundred sources, and was written over the course of February and March this year.

During his stay Mr Rabin met key government officials including the ministers of industry and commerce, the Central Bank’s governor and several presidential advisors, as well as other government representatives, the private sector, donors and NGOs.

“Following a trip to Myanmar this month [April] for discussions with business and government leaders, we plan to supplement this first briefing with sectorally-focused reports. This will help to provide the data needed to plan, and justify market entry and investments, in tourism, technology, telecom, resources, manufacturing, services and the other areas addressed within this study,” he added.

“Our report is oriented to companies and investors seeking not only an understanding of how recent trends are effecting Myanmar but how they can develop strategies and the planning that will allow them to participate in, and benefit from, the many opportunities now emerging,” Mr Rabin said.

He added that his company, KWR International, also provides buyers with a no-cost consultation so they can ask questions and better pursue opportunities in Myanmar to determine how this market might fit into their own corporate and investment strategies.

Mr Rabin has a long history of involvement with Myanmar, dating back to before the country emerged from the socialist era, having managed a company that focused on developing trade between Myanmar (then Burma) and the United States and Europe from 1980 to 1987. That position saw Mr Rabin spend several months a year in the country and he formed close links with the Myanma Export Import Corp (MEIC), Yangon Division Cooperative Syndicate, Ministry of Industry 1, donors, the US embassy and many private clients and vendors.

The 57-page report outlines Myanmar’s comparative advantages, including its geographical location, 55-million-strong untapped market, bountiful natural resources, and also takes a look at the factors that could derail the country’s growth. These include the “need to resolve conflicts with ethnic minorities, to release political prisoners and re-integrate them into civil society, to overcome sanctions, and to sustain continuing movement toward a more democratic form of government”.

Mr Rabin said he was confident that the government officials he met understood the scope of the task in fast-tracking Myanmar’s economic development.

“I was extremely impressed with the understanding the [government] officials and their staff demonstrated of Myanmar’s needs, their honest evaluation of the present situation and their determination to move forward. At the same time it is important to recognise the immensity of the challenge before them,” he said.

“Myanmar has remained a largely closed economy for many decades and substantial work must be done to develop the policies, regulatory standards, institutional capacity and human and other resources needed to manage the large FDI inflows we are likely to see in coming decades.

“At the same time it is important to understand that foreign investors do not need to see a perfect structure in place, but rather confidence they will see positive, sustainable movement in the right direction.”

The report concludes with a section titled “Regional Catalysts that Reinforce Reform Process” that draws on the importance and impact of the 2013 Southeast Asia Games, the chairing of the 2014 ASEAN Summit and the establishment of the ASEAN Economic Community in 2015.

KWR Discussion with Myanmar Directorate of Investment and Company Administration - NayPyiTaw - April 26, 2012

Discussion with Mr. Keith W. Rabin, President, KWR International

Acting Director General of Directorate of Investment and Company Administration U Aung Naing Oo and Director U Han Win Aung received Mr. Keith W. Rabin, President of KWR International at Building (32), at 15 pm on 26th April, 2012.

At the meeting, officials concerned responded the matters related to investment opportunities in Myanmar.

Meeting with Myanmar Minister of Industry and Chairman of Myanmar Investment Committee - NayPyiTaw - April 27, 2012

KWR International President Keith Rabin meeting with Myanmar Minister of Industry and Chairman of Myanmar Investment Committee

Meeting with Myanmar Minister of Commerce - NayPyiTaw - April 27, 2012

KWR International President Keith Rabin traveled to NayPyiTaw on April 26-27, 2012 for discussions with key Myanmar officials including the Minister of Commerce (photo above), Minister of Industry and Chairman of Myanmar Investment Committee, Governor of the Central Bank of Myanmar and Director General of the Ministry of National Planning and Economic Development.

Myanmar investment opportunities detailed as nation's transformation breaks new ground

From The Next Silicon Valley: http://www.thenextsiliconvalley.com/8808/myanmar-investment-opportunitie...?

The transformation in Myanmar is accelerating, most recently with news the U.S. will ease investment restrictions, a trend expertly analyzed by KWR International, Inc. which has just published an authoritative report on this emerging nation that highlights the business and investment opportunities in the "New" Myanmar.

According to KWR president Keith Rabin, there are "many business and investment opportunities emerging in Myanmar," driven in part by what he terms "an untapped Southeast Asian market of 55+ million people that is now opening up its economy after sixty years of isolation." An executive briefing of the new study, titled "Business and Investment Opportunities in the 'New' Myanmar" can be downloaded at http://www.kwrintl.com/press/2012/1KWRExecSummMyanmarfinal.pdf, with the full report available at KWR's new website http://www.myanmarbusinessdevelopment.com.

The new report is "designed to provide perspective on recent developments in Myanmar and how companies and investors can begin positioning themselves to take advantage of the opportunities now emerging," Rabin noted, adding that "following a trip to Myanmar this month for discussions with business and government leaders, KWR plans to supplement this initial briefing with sectorally-focused reports," to provide "the data needed to plan, and justify market entry and investments, in tourism, technology, telecom, resources, manufacturing, services and the other areas addressed within this study."

Additional insight and facts about Burma's timely, news breaking transformation can be found below in the complete transcript of KWR's news release, below. Readers can also learn more about new opportunities in Myanmar in The Next Silicon Valley's the recent webcast interview: Myanmar's commercial, tech future holds new potential.

Read more:

KWR International Report Highlights Business and
Investment Opportunities in the "New" Myanmar

New York - (April 3, 2012) – To help corporations and investors evaluate the implications of recent developments and the many business and investment opportunities emerging in Myanmar -- an untapped Southeast Asian market of 55+ million people that is now opening up its economy after sixty years of isolation -- KWR International, Inc. (KWR) is pleased to announce the release of an executive briefing titled "Business and Investment Opportunities in the 'New' Myanmar".

The KWR report highlights the significant transformation now taking place in Myanmar; a resource-rich nation, which possesses significant natural gas and oil reserves, 80% of the world's teak supply, precious gemstones and metallic minerals, and substantial fertile land for agriculture. Its preservation of temples, pagodas, and colonial buildings combined with its vast natural beauty heightens its attractiveness as a tourist destination. Myanmar's geographic location is ideal for commerce with China, India and other parts of Southeast Asia with coastal access providing an opportunity to become a central shipping country and a major actor in international and regional trade. Its large population also provides it with the labor force necessary to develop a proficient manufacturing sector and constitutes a sizeable consumer market.

KWR's 57-page research report analyzes the increasing attractiveness of Myanmar as a business and investment destination, through a review of its history, regional importance and recent political and economic developments as well as its foreign relations and the sanctions that have constrained trade and investment in recent decades. The report then outlines the potential for near term growth through development of key export industries including mining and minerals; agriculture and agribusiness; forestry and timber; fisheries and aquaculture and manufacturing.

In addition, attention is devoted to Myanmar's domestic economy and how it will benefit from reform and rising living standards. This includes a look at tourism, technology and telecommunications, financial services, healthcare, retail, real estate and infrastructure development.

To provide a nuanced understanding that balances recognition of Myanmar's underlying attractiveness with the difficulties the nation must address to sustain movement toward a more stable, open and competitive market economy, the KWR report also examines a number of potential concerns and difficulties. These include the need to resolve conflicts with ethnic minorities, to release political prisoners and re-integrate them into civil society, to overcome sanctions, and to sustain continuing movement toward a more democratic form of government.

Attention is also devoted to the need to build adequate institutions and a legal system that can continue to move the nation forward and effectively process the rapid change now underway. This is essential both to create an equitable, inclusive society, while attracting and protecting foreign and domestic corporations, investors, entrepreneurs. so they can effectively plan and develop the strategies, structures and commitments needed to operate successfully in Myanmar and to position the nation as a strong global competitor.

Before concluding, KWR examines a number of regional catalysts that promise to reinforce and provide additional depth and momentum to Myanmar's reform efforts. These include Myanmar's hosting of the Southeast Asia (SEA) Games in 2013, its chairmanship of the 2014 Association of Southeast Asian Nations (ASEAN) Summit, and movement toward a region-wide ASEAN Economic Community (AEC) in 2015. The AEC will give rise to expanded trade and investment in a region that collectively possesses approximately 580 people and a region-wide GDP of about US$1.5 trillion.

"Having spent many years following Myanmar since I began dedicating myself to developing business and investment with the country in the 1980s, I am pleased KWR has begun to support companies and investors as they seek to better understand, and gain exposure to, this attractive and largely unknown market",, noted Keith Rabin, President of KWR. "This initial report is designed to provide perspective on recent developments in Myanmar and how companies and investors can begin positioning themselves to take advantage of the opportunities now emerging. Following a trip to Myanmar this month for discussions with business and government leaders, we plan to supplement this first briefing with sectorally-focused reports. This will help to provide the data needed to plan, and justify market entry and investments, in tourism, technology, telecom, resources, manufacturing, services and the other areas addressed within this study."

To obtain a free Executive Summary and Table of Contents of KWR's "Business and Investment Opportunities in the 'New' Myanmar" report, click http://www.kwrintl.com/press/2012/1KWRExecSummMyanmarfinal.pdf .

For pricing information and to purchase KWR's "Business and Investment Opportunities in the 'New' Myanmar" report, click http://www.myanmarbusinessdevelopment.com/?q=catalog/10.

To register to receive updates, and learn more about business and investment opportunities in Myanmar, please visit http://www.myanmarbusinessdevelopment.com

ABOUT KWR International, Inc.

KWR International, Inc., is a consulting firm specializing in the delivery of research, communications and advisory services with a particular emphasis on investment, trade and business development, economic, policy and industry analysis, public/investor relations, cross border transactions, business strategy and market entry programs. Wide sectoral experience includes energy and alternative energy, natural resources, environment, technology, telecom, hard and soft goods, tourism, defense, real estate, autos, macroeconomic policy and investment, trade and export services. This includes engagements for a wide range of national and local government agencies, trade and industry associations, start-ups, turnarounds, venture/ technology-oriented companies and multinational corporations; as well as financial institutions, investment managers, financial intermediaries and legal, accounting and other professional service firms. For more information, please visit http://www.kwrintl.com.

Contact:
KWR International, Inc.
Suzanne Harvey
email: myanmar@kwrintl.com
tel./fax +1-212-532-3005

Myanmar investment opportunities detailed as nation's transformation breaks new ground

From: The Next Silicon Valley http://www.thenextsiliconvalley.com/8808/myanmar-investment-opportunitie...

The transformation in Myanmar is accelerating, most recently with news the U.S. will ease investment restrictions, a trend expertly analyzed by KWR International, Inc. which has just published an authoritative report on this emerging nation that highlights the business and investment opportunities in the "New" Myanmar.

According to KWR president Keith Rabin, there are "many business and investment opportunities emerging in Myanmar," driven in part by what he terms "an untapped Southeast Asian market of 55+ million people that is now opening up its economy after sixty years of isolation." An executive briefing of the new study, titled "Business and Investment Opportunities in the 'New' Myanmar" can be downloaded at http://www.kwrintl.com/press/2012/1KWRExecSummMyanmarfinal.pdf, with the full report available at KWR's new website http://www.myanmarbusinessdevelopment.com.

The new report is "designed to provide perspective on recent developments in Myanmar and how companies and investors can begin positioning themselves to take advantage of the opportunities now emerging," Rabin noted, adding that "following a trip to Myanmar this month for discussions with business and government leaders, KWR plans to supplement this initial briefing with sectorally-focused reports," to provide "the data needed to plan, and justify market entry and investments, in tourism, technology, telecom, resources, manufacturing, services and the other areas addressed within this study."

Additional insight and facts about Burma's timely, news breaking transformation can be found below in the complete transcript of KWR's news release, below. Readers can also learn more about new opportunities in Myanmar in The Next Silicon Valley's the recent webcast interview: Myanmar's commercial, tech future holds new potential.

Read more:

KWR International Report Highlights Business and
Investment Opportunities in the "New" Myanmar

New York - (April 3, 2012) – To help corporations and investors evaluate the implications of recent developments and the many business and investment opportunities emerging in Myanmar -- an untapped Southeast Asian market of 55+ million people that is now opening up its economy after sixty years of isolation -- KWR International, Inc. (KWR) is pleased to announce the release of an executive briefing titled "Business and Investment Opportunities in the 'New' Myanmar".

The KWR report highlights the significant transformation now taking place in Myanmar; a resource-rich nation, which possesses significant natural gas and oil reserves, 80% of the world's teak supply, precious gemstones and metallic minerals, and substantial fertile land for agriculture. Its preservation of temples, pagodas, and colonial buildings combined with its vast natural beauty heightens its attractiveness as a tourist destination. Myanmar's geographic location is ideal for commerce with China, India and other parts of Southeast Asia with coastal access providing an opportunity to become a central shipping country and a major actor in international and regional trade. Its large population also provides it with the labor force necessary to develop a proficient manufacturing sector and constitutes a sizeable consumer market.

KWR's 57-page research report analyzes the increasing attractiveness of Myanmar as a business and investment destination, through a review of its history, regional importance and recent political and economic developments as well as its foreign relations and the sanctions that have constrained trade and investment in recent decades. The report then outlines the potential for near term growth through development of key export industries including mining and minerals; agriculture and agribusiness; forestry and timber; fisheries and aquaculture and manufacturing.

In addition, attention is devoted to Myanmar's domestic economy and how it will benefit from reform and rising living standards. This includes a look at tourism, technology and telecommunications, financial services, healthcare, retail, real estate and infrastructure development.

To provide a nuanced understanding that balances recognition of Myanmar's underlying attractiveness with the difficulties the nation must address to sustain movement toward a more stable, open and competitive market economy, the KWR report also examines a number of potential concerns and difficulties. These include the need to resolve conflicts with ethnic minorities, to release political prisoners and re-integrate them into civil society, to overcome sanctions, and to sustain continuing movement toward a more democratic form of government.

Attention is also devoted to the need to build adequate institutions and a legal system that can continue to move the nation forward and effectively process the rapid change now underway. This is essential both to create an equitable, inclusive society, while attracting and protecting foreign and domestic corporations, investors, entrepreneurs. so they can effectively plan and develop the strategies, structures and commitments needed to operate successfully in Myanmar and to position the nation as a strong global competitor.

Before concluding, KWR examines a number of regional catalysts that promise to reinforce and provide additional depth and momentum to Myanmar's reform efforts. These include Myanmar's hosting of the Southeast Asia (SEA) Games in 2013, its chairmanship of the 2014 Association of Southeast Asian Nations (ASEAN) Summit, and movement toward a region-wide ASEAN Economic Community (AEC) in 2015. The AEC will give rise to expanded trade and investment in a region that collectively possesses approximately 580 people and a region-wide GDP of about US$1.5 trillion.

"Having spent many years following Myanmar since I began dedicating myself to developing business and investment with the country in the 1980s, I am pleased KWR has begun to support companies and investors as they seek to better understand, and gain exposure to, this attractive and largely unknown market",, noted Keith Rabin, President of KWR. "This initial report is designed to provide perspective on recent developments in Myanmar and how companies and investors can begin positioning themselves to take advantage of the opportunities now emerging. Following a trip to Myanmar this month for discussions with business and government leaders, we plan to supplement this first briefing with sectorally-focused reports. This will help to provide the data needed to plan, and justify market entry and investments, in tourism, technology, telecom, resources, manufacturing, services and the other areas addressed within this study."

To obtain a free Executive Summary and Table of Contents of KWR's "Business and Investment Opportunities in the 'New' Myanmar" report, click http://www.kwrintl.com/press/2012/1KWRExecSummMyanmarfinal.pdf .

For pricing information and to purchase KWR's "Business and Investment Opportunities in the 'New' Myanmar" report, click http://www.myanmarbusinessdevelopment.com/?q=catalog/10.

To register to receive updates, and learn more about business and investment opportunities in Myanmar, please visit http://www.myanmarbusinessdevelopment.com

ABOUT KWR International, Inc.

KWR International, Inc., is a consulting firm specializing in the delivery of research, communications and advisory services with a particular emphasis on investment, trade and business development, economic, policy and industry analysis, public/investor relations, cross border transactions, business strategy and market entry programs. Wide sectoral experience includes energy and alternative energy, natural resources, environment, technology, telecom, hard and soft goods, tourism, defense, real estate, autos, macroeconomic policy and investment, trade and export services. This includes engagements for a wide range of national and local government agencies, trade and industry associations, start-ups, turnarounds, venture/ technology-oriented companies and multinational corporations; as well as financial institutions, investment managers, financial intermediaries and legal, accounting and other professional service firms. For more information, please visit http://www.kwrintl.com.

Contact:
KWR International, Inc.
Suzanne Harvey
email: myanmar@kwrintl.com
tel./fax +1-212-532-3005

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