Yangon Region - Economy

Economy

See also: Yangon#Economy

Yangon Region is the most developed region in the country. According to the government's official statistics for FY 2010–2011, the size of the economy of Yangon Region was 8.93 trillion kyat, or 23% of the national GDP. Greater Yangon is Lower Myanmar’s main trading hub for all kinds of merchandise – from basic food stuffs to used cars. Bayinnaung Market is the largest wholesale center in the country for rice, beans and pulses, and other agricultural commodities. Much of the country’s legal imports and exports go through Thanlyin's Thilawa port, the largest and busiest port in Myanmar. At least 14 light industrial zones ring Yangon, employing thousands of workers. Outside Greater Yangon, rice farming remains predominant. Other important crops include jute, pulses, rubber, sugarcane, and groundnut.

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Famous quotes containing the word economy:

    The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.
    Ralph Waldo Emerson (1803–1882)

    The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.
    Henry David Thoreau (1817–1862)

    It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.
    Henry David Thoreau (1817–1862)