Myanmar, also known as Burma, has largely been shunned by the West for most of five decades of military rule that ended last year. Now open for business and shedding sanctions, the cash economy badly needs a working banking system. The population of more than 60 million wants mobile phones, newer cars, and Coca-Colas.
Myanmar just hosted a three-day World Economic Forum on East Asia, with executives from multinationals such as General Electric (GE) and Unilever (UN) in attendance. But no one sector is as critical to Myanmar’s growth prospects as energy.
Read more... The country has 7.8 trillion cubic feet of proven natural gas reserves
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