Features by Emerging Markets
Sat Oct 13th, 2012 - No Comments
MYANMAR: The new frontier
Myanmar is rapidly opening after 60 years of isolation. Despite the hype, it’s unlikely to be plain sailing
There was just one international cashpoint in Myanmar this summer – and it was broken.
The stock exchange was stillborn on its launch 15 years ago, and just 1% of all Burmese have a bank account. Fewer than 0.1% of people own a mobile phone – and for…