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Thread: Myanmar the new boom town Charlie

  1. #1
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    Default Myanmar the new boom town Charlie

    If Myanmar plays its cards right and move away from a full military dictatorship, it can be the next South East Asian boom town.

    The military remains an important component and it will always have a role.

    If you remove the military's influence suddenly, there will be chaos as others try to fill the power vacuum.

    Politicians from big donor/dominant countries are visiting Myanmar one after another.

    The most recent one on 25 May 2013, being Japan's PM (4 months after his deputy PM's visit).

    China, Japan, UK, USA all have their eyes on Myanmar.

    Wen Jia Bao, Cameron and Obama have visited.

    There is a tussle for its loyalty to the various dominant powers.

    There will be a flood of foreign aid to build Myanmar infrastructure, private investment to build hotels, etc.

    Myanmar has a strategic position. It is the land link between China and the Bay of Bengal/Andaman Sea.

    Last edited by ricohflex; 25th May 2013 at 10:50 AM.

  2. #2

    Default Re: Myanmar the new boom town Charlie

    The flood of foreign interests started mid last year already!

  3. #3

    Default Re: Myanmar the new boom town Charlie

    One of my friend friend already went there to lay cables....
    Eat breath LIVERPOOL!!!

  4. #4
    Member 9V-Orion Images's Avatar
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    Default Re: Myanmar the new boom town Charlie

    We are already one of their largest investor for many, many decades now especially with concerns to Myanmar's arms and defence related industries.
    Last edited by 9V-Orion Images; 25th May 2013 at 12:02 PM.
    CS Aviation / Flickr
    Per aspera ad astra

  5. #5

    Default Re: Myanmar the new boom town Charlie

    my goodness Ricohflex... it already IS the next boom town.

    where have you been all of last year?

  6. #6

    Default Re: Myanmar the new boom town Charlie

    Don't trust asian economies too much. They are doing almost exactly what the US banks did during the housing bubble collapse. Next economic crisis may come out of China, then spread to other asian economies.

  7. #7

    Default Re: Myanmar the new boom town Charlie

    Quote Originally Posted by ArchRival View Post
    Don't trust asian economies too much. They are doing almost exactly what the US banks did during the housing bubble collapse. Next economic crisis may come out of China, then spread to other asian economies.
    Last time in the US banks made housing loans to people who cannot pay.
    Now China banks make loans to companies who cannot pay. Ho ho ho.....

  8. #8
    Senior Member Sion's Avatar
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    Default Re: Myanmar the new boom town Charlie

    Quote Originally Posted by kei1309 View Post
    my goodness Ricohflex... it already IS the next boom town.

    where have you been all of last year?
    I'm sure you know Myanmar the next boom town before anyone.


  9. #9
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    Default

    Quote Originally Posted by Sion View Post

    I'm sure you know Myanmar the next boom town before anyone.
    about 20 years ago, people go there in search of virgins. I wonder if still the case now?

  10. #10
    Senior Member Halfmoon's Avatar
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    Quote Originally Posted by ManWearPants View Post

    about 20 years ago, people go there in search of virgins. I wonder if still the case now?
    Virgins.... it is like a myth now to find a 20 yrs old one..
    Art is perception; Perception is art.

  11. #11

    Default Re: Myanmar the new boom town Charlie

    Quote Originally Posted by ArchRival View Post
    Don't trust asian economies too much. They are doing almost exactly what the US banks did during the housing bubble collapse. Next economic crisis may come out of China, then spread to other asian economies.
    Next economic crisis will come out of China. It will be China destroying the US dollar as the world's reserve currency. Who can tell me when?

  12. #12
    Moderator Octarine's Avatar
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    Default Re: Myanmar the new boom town Charlie

    Quote Originally Posted by kei1309 View Post
    my goodness Ricohflex... it already IS the next boom town.
    where have you been all of last year?
    Yeah, I wonder, too.
    Even in IT sector we have seen certain activities starting. But for any stock-listed company with a decent compliance scheme it will be very difficult to invest there directly. Reason are the military-linked and controlled industry partners and the resulting necessary 'monetary grease' that is required to get into the game. So it's the funky game of partners and money under the table.
    EOS

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