Business in Burma and shared experiences of traveling will be the highlights of our new Weekly EcoBurma Round-up.
Focus on businesspeople who are taking up in Burma.
Indeed, since last year and the political changes in Burma, the release of the opposition leader Aung San Suu Kyi (today a member of Myanmar’s Parliament) and the lifting of sanctions imposed by the U.S. government, the Burmese market is reopening to foreign businesspeople.
Bloomberg BusinessWeek portrays the journey of Richard L. Friedman — a renowned businessman and real estate developer — in order to unearth the rare pearls in Burma: neglected but historical properties which can be turned into top-flights hotels. It is a harking back of the brisk business of some US companies during the 1980s and 1990s.
Some businesspeople are now striving to take advantage, at lower costs compared to US prices, of the fast expanding tourism in Burma, while addressing the issue of lack of infrastructure that prevents the country from competing with neighboring countries.
However, businesspeople and the public should be aware of some pitfalls attached to such ventures, i.e., the risk that Myanmar lacks the capacity to absorb such investments, which could spur greater corruption in the country.
How to discover a country before visiting it? A great idea of conscious traveling!
So to continue on a positive note, I see I travel emphasizes the new way to research your own trip: read and watch the travel stories of other travelers! It often gives you a more objective and open-minded portrait of the places you would like to go. You can even be amazed and inspired by new places worldwide!
But do not forget also to read EcoBurma’s travelers stories!
And, last but not least, the famous actor Jackie Chan went to Burma on a three-day mission to help combat child trafficking. He went there as good-will ambassador for UNICEF.
Thanks all for reading and have a good week.