By Chris Mayer
I handed the cab driver a $10 bill. He held it with two fingers, as if he were holding a dead mouse by the tail, and looked at it doubtfully. More…
I handed the cab driver a $10 bill. He held it with two fingers, as if he were holding a dead mouse by the tail, and looked at it doubtfully. More…
Reposted from Barron’s
By Jamie Miyazaki
Looking for the latest Asian frontier market? Mongolia is so 2011; check out Myanmar instead.
The 55 million-person-strong Southeast Asian nation, tucked between India and China, is emerging from nearly two decades of Western sanctions. The military junta whose actions precipitated those U.S. and European strictures promoted the use of the name Myanmar, beginning in 1989. Before that, the country was known as Burma—a name still used by some. More…
SINGAPORE, Jan 11 – Singapore-listed property company Yoma Strategic Holdings Ltd is betting on a middle class developing in Myanmar as it emerges from half a century of isolation under military rule, and investors are taking note. Yoma is being seen by some as a way of taking a punt on Myanmar’s political opening-up and the economic reforms that a new, More…