Business In Burma

Is buoyed by recent events:

In the short term, at least, Burma seems headed for further transformation. One measure of the new atmosphere has been the stampede of American and European businessmen heading to Burma now that the European Union and the United States are considering easing sanctions, and the government has brought Aung San Suu Kyi into the electoral process. For months, Rangoon’s hotels have been packed with prospective investors; a breakfast conference on February 27th at the American Chamber of Commerce in Bangkok, "Doing Business in Burma," filled up almost immediately after it was announced. Burma watchers say that Thein Sein is trying to dilute Chinese domination of the economy, and that opportunities in everything from natural resources to hotel franchises are there for the taking, provided that foreign investors can navigate the shoals of the military bureaucracy.