"The ASEAN Post recently published an article on whether 2020 will be a good year for Myanmar’s economy. That article noted that the ASEAN +3 Macroeconomic Research Office (AMRO) had given Myanmar’s economy a positive outlook for the fiscal year of 2019 to 2020; expecting it to expand by 7.1 percent up from 6.8 percent in the previous fiscal year. However, there may be some events that could act as obstacles to this growth. The positive outlook is largely thanks to reform momentum, improving business sentiments, growth in manufacturing, tourism related expansion and stronger fiscal spending. According to AMRO, the five key sectors with growth potential in Myanmar this year are (1) the tourism industry, (2) property, (3) insurance, (4) digital transactions and (5) the stock exchange business. However, according to reports, economists have noted that the downside is the ongoing Rakhine crisis as well as the lawsuit filed against Myanmar in the International Court of Justice (ICJ) by Gambia, which could tarnish the country’s image as an investment destination. One of the five key growth sectors this could clearly impact is the tourism industry. Myanmar has taken several measures to attract tourists. Among these measures are relaxed visa requirements. Aside from that, there have also been a slew of new flight routes coming in and out of Myanmar and neighbouring countries including India, China, Cambodia, and Thailand all throughout last year..."