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FINAL FRONTIER: FIRMS FLOCK TO NEWLY OPENED MYANMAR

FINAL FRONTIER: FIRMS FLOCK TO NEWLY OPENED MYANMAR
Source: Wall Street Journal - (22/09/2010)

Topics: Waste Management

YANGON, Myanmar—For Tim Love, a vice chairman of advertising giant Omnicom Group, OMC -1.41% it was an opportunity too good to pass up: an entire country, off the map for most Western investors for decades, embracing foreign investment in a place with untapped energy resources and 60 million people. Here was Myanmar, also known as Burma, with the wagons "going full speed," says Mr. Love, and clients clamoring to get a foothold. But doing business here is something of a challenge. As a...


Did You Know?
It is now quite easy to make international direct phone calls and to send faxes, email to worldwide. Internet access is available in most tourist destinations in Myanmar. ... More

Featured news story
Internet In Myanmar Remains Slow, Unstable, And Affordable To Less Than 1% Of The Population
Internet In Myanmar Remains Slow, Unstable, And Affordable To Less Than 1% Of The Population

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India, Burma Boost Energy and Trade Ties - Invest Myanmar.biz video
India, Burma Boost Energy and Trade Ties

COUNTRY SNAPSHOT
GDP 2010 USD 45.4 B
GDP 2012 USD 54.0 B
Inflation 9.13 %
Unemployment Approx. 35%
GDP growth 2011 5.5 %
FDI 2011 USD 1.05 B
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