Wednesday, February 10, 2016
Myanmar beginning of a boom
Myanmar was once the wealthiest economy in Southeast Asia. But decades of isolation and military rule have turned it into the poorest.
For the last few years, however, the country has started emerging from this isolation. The military government has begun to relax its stranglehold and play nice with the rest of the world.
Fortunes will be made here, both by enterprising locals, as well as foreigners who have the foresight to invest wisely in one of the world’s last great boomtowns.
I am playing this through Yoma Strategic Holdings which is based in Singapore but has its operations in Myanmar. I think you just buy this and put it away for ten years. You will probably do pretty good as Myanmar continues to progress.