Taiwan is known by the name, the Official Republic of China. It explains the Chinese influence and the Chinese majority in the country. It is one of the strongest nations in East Asia. It is a very popular tourist destination because of historical museums. Other than that, there are also lakes such as the “Sun Moon Lake”. Then there are popular markets, “Shilin Night Market”. These markets are popular sports for tourists who enter the country to learn about the cultures and preferences of the locals. Taiwan is also famous for its contribution to the Burmese marketplace. Myanmar has been directly benefiting from Taiwan and its businesses. The credit goes to Taiwanese businesses. With Burmese translation services, these Taiwanese businesses cater to the Maynmar audiences.
In this read, we will not only explain the need of translation but also how Taiwanese businesses are entering Myanmar and bringing prosperity for both nations. These business ventures also add to the relations between both the countries.
The Burmese Market
Economy-wise, Myanmar ranks at number seven in Southeast Asia. Hence, it has a strong marketplace with telecommunication, agriculture, and tourism few of its strong business arenas. This brings the attention of businesses that are trying to expand their operations. Especially when it comes to entering the Southeast Asian market, Myanmar is one of the desired markets. Right now there are multiple foreign businesses that are successfully operating here, such as KFC, Bank of Tokyo-Mitsubishi UFJ, Ltd, Fumakilla (Japanese pesticide maker), etcetera.
Traditional handicrafts market is one of the most popular and demanded items by not only the natives but also foreigners. Skilled handicraft workers easily get jobs in Myanmar where they get to showcase their expertise.
Epic Role of Translation Services
Without linguistic understanding, it is impossible for businesses and customers to comprehend each other. This hindrance of language is disadvantageous for both parties. In the case of Burmese audiences, it is necessary for the marketing content to be in Burmese language. As we are discussing the interest of Taiwanese businesses in Myanmar, this automatically highlights the role of Burmese translation services. By translating marketing materials, product descriptions, advertising content, websites, etc., Taiwanese businesses get to give the audience a native experience.
This native experience helps Burmese people to trust your business and buy products from you. In the long run, your Taiwanese businesses get to generate greater revenue, and the stay in a foreign marketplace becomes easy. Well, other than to attract the audience, your business also needs to comply with rules and regulations for which translation is needed.
Global Expansion of Taiwanese Businesses
Every country wants to make sure that they are catering to the global audiences. To enhance their reach to this huge market, businesses collaborate with other businesses. These businesses also extend their operations to new markets so that they get a diverse consumer base for their products and services. TSMC, or Taiwan Semiconductor Manufacturing Company Limited is Taiwan’s biggest tech industry involving computing, the Internet of Things (IoT), as well as produces digital consumer electronics and automotive products. In China and the United States, there are completely fully furnished and established subsidiaries, bringing huge profits to the parent company.
Taiwan is looking for markets to take this tech business to get global recognition. Myanmar is one market Taiwan is trying to enter. Then there is Foxconn, Taiwan’s electronics manufacturing company. Hence, Taiwan owns huge and efficiently working manufacturing hubs. Now businesses are looking for new markets to make themselves a world-famous business country.
Taiwanese Businesses & Burmese Marketplace
By far we have established how lucrative the Burmese marketplace is and how Taiwanese businesses are looking for new markets to expand their operations. Hence Myanmar becomes an easy ticket for Taiwanese businesses to enter and get hold of the Southeast Asian market. To further top off the entry, Taiwanese businesses seek translation to make sure they sound culturally and linguistically correct to the target audiences.
Other than Burmese, there are many other languages spoken in Taiwan. So Burmese translation is not the only thing that these Taiwanese businesses need. With professional Taiwan language services, Taiwanese brands get to make sure that they get accurate translations for the different dialects of Taiwanese. Taiwanese spoken in Taiwan is very different from that spoken in Myanmar. So to sound linguistically correct, hiring native translators who are aware of the different dialects is the best option.
Final Words!
To sum up, Myanmar has a lucrative market which means it has greater opportunities to offer to foreign businesses. As Taiwan is expanding to the Southeast Asian market, the Burmese market has become a favorable place for them. Economy wise Myanmar is a strong nation, which means it will uplift your business. Furthermore, with translation, you can make your business attractive for the target audience as they get to understand the cultural and linguistic cues.