The Myanmar Talent Imperative

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The Myanmar Talent Imperative
Calendar14 September 2017

Myanmar has the fastest-growing economy in ASEAN, and its Gross Domestic Product (GDP) is projected to grow by over 8% according to according to the Asian Development Bank. This growth has been driven by the service and manufacturing sectors, even though most of Myanmar’s population is employed in the low-skilled agrarian economy. Although overall literacy rate in Myanmar is a healthy 93%, only 11% of those passing high schools enter universities, according to the International Labour Organization. No surprises then that according to a recent OECD research, over 57% companies in Myanmar believe that ‘shortage of skilled labour’ is the biggest impediment to doing business in Myanmar. For this promising Asian economy to sustain its growth, the talent imperative is crucial. Download our recent whitepaper as we reflect on the Myanmar talent imperative.

 

 

 

 
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