日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

chinadaily.com.cn
left corner left corner
China Daily Website

Firms line up for Myanmar

Updated: 2013-06-19 09:06
By Jaspal Bindra ( China Daily)

Some changes are evident already to anyone visiting Myanmar. Hotel rooms going empty a year ago are now full to capacity, at four or five times the rate, as the country's vast tourism potential begins to take off. ATMs, which were once a rarity, are found in the dozens in major cities, following agreements with two global payment companies. So you can withdraw Myanmar kyats using your Visa or MasterCard credit card.

These developments underscore the government's willingness to draw upon investment and experience from abroad to open up Myanmar's economy. Another good example is the work underway to build a modern financial system, for which Myanmar is seeking the help and advice of institutions such as the World Bank, the International Monetary Fund, Standard Chartered and other financial institutions.

Doing business in Myanmar, however, remains difficult, as many of our clients tell us. The financial system is at an early stage of development. Very few people have bank accounts and facilities for wire transfers are poor. The speed of legal and regulatory change adds uncertainty to the challenges, as do skill shortages.

Moreover, targeted US sanctions against Myanmar remain in place, including in key areas such as financial services. Given that the bulk of global trade is denominated in dollars, until the US removes uncertainty by lifting the sanctions, as the EU has done, potential US and other investors and trading entities will continue to hesitate making commitments.

Addressing the long list of political, economic and social challenges will take time after Myanmar's five decades of isolation. But it's neither reasonable nor desirable to expect everything to happen overnight. The democratic process needs time to work and it's crucial that the country gets its reform process right. What's also critically important is that foreign investment into Myanmar takes place in a sustainable manner that does not promote change for change's sake, but for the "betterment of society", as called for by Aung San Suu Kyi at the ASEAN 100 Leadership Forum in Yangon in December.

One thing seems certain - Myanmar is not turning back. And no one should doubt the huge potential the country has as it seeks to catch up with its ASEAN neighbors. Myanmar's GDP grew 6.5 percent in the last fiscal year and may reach 6.75 percent in 2013, according to the IMF. Official Myanmar figures suggest foreign direct investment was up by five times in the same period, to more than $1.4 billion. We believe this momentum will pick up further - with investment diversifying from the energy sector to manufacturing, tourism, agriculture and banking - as multinationals buy into Myanmar's great prospects.

The author is group executive director and CEO Asia, Standard Chartered.

Previous Page 1 2 Next Page

 
 
...
主站蜘蛛池模板: 99热在线播放 | 亚洲欧美另类自拍 | 欧美aaa视频 | 337人体粉嫩噜噜噜 黄色大片免费网站 | 色网站免费看 | 欧美色激情 | 老熟妇毛片 | 亚洲一区视频 | 国产精品69毛片高清亚洲 | av中文在线 | 手机av网址 | 久久久久久久久久国产精品 | 深夜做爰性大片108式 | 精品美女视频在线观看免费软件 | 午夜精品一区二区三区在线观看 | 日韩一级大片 | 国产精品国产精品国产 | 欧美看片| 国产视频一 | 激情亚洲视频 | 五月天婷婷网站 | 91老女人 | 欧美日韩不卡视频 | 4438国产精品一区二区 | 亚洲乱熟 | 日韩精品视频观看 | 午夜av一区 | 国产在线v | 中文字幕亚洲日本 | a级毛毛片 | 日韩精品一区二区三区在线 | av亚洲一区 | 99久久久久久久久 | 亚洲色欲色欲www | 国产经典av | 国产一区在线视频 | 三级网站在线 | 久久久久久久99 | 亚洲自拍另类 | 成人毛片100免费观看 | 神马久久精品 |