Economy of Myanmar
Myanmar adopted a market-oriented economic system in the year 1988. Private sector participation has been encouraged and developed in both domestic and external trade. Foreign investment is allowed in almost all sectors of the economy with incentives for investors. As an emerging country rich in natural and human resources, Myanmar has enormous potential for long-term economic development.
Tourism remains a small sector of activity because of the boycott imposed by most countries, and Myanmar hosted only 310 000 foreign tourists in 2010 compared to 15 millions in Thailand. We believe tourism is a vector of peace and socio-economic development if developed and managed in a responsible way. Boycotting never helped solve any problems; on the contrary it may contribute to shutting the country and its people even more from the outside world.
Myanmar is a unique destination with extraordinary potential;, it is the next BIG destination thanks to awesome landscapes, beautiful people and a rich lively culture. By travelling responsibly and demanding responsible offer, you may contribute to the preservation of the authenticity of this country, which has so far been spared by the negative impacts improper tourism development can bring.
Myanmar is the second largest country in Southeast Asia, bordering Bangladesh, India, China, Laos and Thailand. With a total area of 677,000 m2, it is as large as the total area of the UK and France. Myanmar stretches 2,051 km from north to south and about 936 km from east to west, with 2243 km of coastline bordering the Indian Ocean. More than 50% of Myanmar is covered by forests and it boasts the tallest mountain in SE Asia (Hkakabo Razi topping over 5,800 meter/19,200 ft).
Myanmar's geographical features can be divided into four categories: the highlands in the east, the high mountain ranges in the west, central plains and coastal Rakhine. Four major rivers here include the Ayeyarwady River, Salween River, Chindwin and Sittaung River. Known as the main flow circuit through this land, Ayeyarwady River - the longest river in Myanmar - plays a very important role in the lives of Burmese.
Myanmar has a tropical climate zone with three distinct seasons: the dryer, less humid and thus more touristically desirable is from November to March. From this date on, the humidity increases with periodic, tropical rains from May through October.
Conventional long form: Union of Burma
Conventional short form: Burma
Local long form: Pyidaungzu Thammada Myanma Naingngandaw (translated as the Republic of the Union of Myanmar)
Local short form: Myanma Naingngandaw
Former: Socialist Republic of the Union of Burma, Union of Myanmar
Latitude: 19°44′42″ N
Longitude: 96°07′46″ E
Elevation above sea level: 122 m = 400 ft
Time difference: UTC+7
Southeastern Asia, bordering the India, China, Bangladesh, Laos, Thailand and Cambodia.
09 32’ N and 28 31’N, 92 10’E and 101 11’ E
The climate of Myanmar is roughly divided into three seasons: Summer, Rainy Season, and Winter Season. From the end of February to the beginning of May are Summer months. Rainy Season, from mid May to the end of October. Winter which starts from November and lasts to the end of February with temperature in hilly areas of over 3000 feet drops below 32F (0C).
Buddhism (80%), Other Religions (20%)
54,106,691 (2016 est.)