Myanmar: the tide is rising
Myanmar’s economy is booming. International investor Jim Rogers says: ‘If you can find ways to invest in Myanmar, you will be very, very rich over the next 20, 30, 40 years.’ In 2012 the military government allowed foreign companies to have 100% ownership of the companies they start in the country.
The economic tide is rising fast. Everyone seems to have a mobile phone. Construction sites, modern hotels and shopping malls are everywhere in Yangon (Rangoon). The Myanmar Times is transitioning from a weekly to a daily edition. Tourists are now free to travel beyond the usual sites of Yangon, Pagan, Mandalay and the beautiful Inlay Lake. Luxury coaches ply the well tarmaced highways. Will the church in Myanmar be able to surf the wave?