Investors Rush In As Rangoon Starts Down The Path Of Reform.
In the lobbies of Rangoon’s few business hotels, Western investors in suits are gathering with local businessmen in traditional sarongs to discuss joint ventures, land-lease terms, and profit repatriation rules. For decades, Burma—which is also known as Myanmar—was distinguished for its ruling junta’s imprisonment and torture of political dissidents, execution of protesters, violent campaigns against […]