Ever since the repressive military regime was disbanded in 2011, the people of Myanmar are looking up to promising changes ahead.
Despite being a resource-rich country, the nation has the world’s worst legal system for doing business, retaining a position it has held for the last five years despite recent reforms. But the reforms have caught the attention of foreign investors, eager to do business in the nation strategically placed between China and India.
With regards to the perpetual civil war Myanmar has struggled with, the new government has outlined a three-stage plan with all 16 of the country’s ethnic rebel groups, promising of village development projects like housing, roads, water electricity and resettlement of refugees and internally displaced people, in the hopes of permanent peace.
This photo shows a couple walking back to home at the end of the day in downtown Yangon.
Click here for more
Despite being a resource-rich country, the nation has the world’s worst legal system for doing business, retaining a position it has held for the last five years despite recent reforms. But the reforms have caught the attention of foreign investors, eager to do business in the nation strategically placed between China and India.
With regards to the perpetual civil war Myanmar has struggled with, the new government has outlined a three-stage plan with all 16 of the country’s ethnic rebel groups, promising of village development projects like housing, roads, water electricity and resettlement of refugees and internally displaced people, in the hopes of permanent peace.
No comments:
Post a Comment