01 Jan '12, 9pm

Myanmar, Cambodia high-growth investments:

SINGAPORE - Myanmar and Cambodia have emerged as high-growth investment destinations, with Myanmar recently engaging high-level Western diplomats, while Cambodia is continuing with economic reforms. Franklin Templeton Investments said the frontier economies are now in the position that emerging markets like Brazil, Russia, India and China were 20 years ago. By some measures, Myanmar has had a spectacular 2011. Its endorsement as chair of the Association of South-east Asian Nations for 2014 and a visit from United States Secretary of State Hillary Clinton last November marked a new chapter, following reforms that have elevated confidence in an economy barely emerging from years in the dark. Businesses are set to benefit from further reforms, even though Myanmar still carries the weight of trade sanctions by the US and Europe. Singapore-listed Yoma Strategic Holdings, which ...

Full article: http://www.todayonline.com/Business/EDC120102-0000032/Mya...

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