CNI News
12 November 2025
Business leaders and economic analysts have emphasized the need to find effective ways for Myanmar’s government and private sector to work together in order to revive and strengthen the national economy.
According to U Htay Aung Kyi, a banking and financial expert, businesspeople must clearly differentiate between income generation and true business development, while the government must provide structured and consistent economic policies supported by laws, regulations, and practical guidelines — without distorting the market or imposing arbitrary control.
He told CNI News,“To reach the global level, we must operate systematically and competitively. Every earning is not a business — that’s an important distinction. The government also has responsibilities: it needs to act smartly, with sound laws, regulations, and systems that support business development without distorting economic policy. For business people, success should not only mean short-term profits, but also long-term growth to reach international standards. The government must have the capacity to guide the country to that level. So, effective collaboration between the government and entrepreneurs is vital.”
Local vendor seen at market
He further noted that the government should review and revise existing laws, regulations, and policy frameworks to make them more supportive of private-sector operations:
“To make business operations smooth, the government must provide support through laws, bylaws, regulations, directives, and policies. For the private sector to truly function, these frameworks need to be thoroughly reviewed and updated.”
Meanwhile, business leader U Aung Pyae Sone told CNI News that the government must actively listen to the voices of businesspeople and maintain regular engagement with them. He pointed out that cooperation between the two sides remains weak:
While seeing a stevedore
“The government should listen carefully to what businesspeople are saying. Meetings between government bodies and business associations should be held regularly. For example, if it’s difficult to meet with Union-level authorities, regional and state officials — including those from UMFCCI — should engage with local entrepreneurs. Some major business owners are not even members of any associations, so the government should still reach out to them to learn what they need. Rather than waiting for entrepreneurs to report their problems, the government should proactively ask what kind of support is required. So far, communication and coordination have been quite weak.”
To improve Myanmar’s economy, Senior General Min Aung Hlaing, Chairman of the State Security and Peace Commission, has invited both domestic and foreign investment. The government is reportedly seeking partnerships with countries such as China, Russia, Belarus, Thailand, and India.
However, Myanmar’s economy remains in decline due to ongoing political instability, weak rule of law and security, insufficient electricity supply, a shortage of labor, and international economic sanctions.
