“Alisher Ali knew on the morning of his second day in Myanmar that the long-closed country was a risk worth taking. Less than two months later he moved his wife and four children to crumbling, tree-lined Yangon and opened Myanmar’s first-ever investment bank with $1 million of his own money. This places him in sparse company. While many chatter about the economic potential of one of the world’s last frontier markets, very few foreigners have actually set up shop. The first thing Ali had to do was explain to people in Myanmar, including some of his new employees, what an investment bank is.”
http://news.yahoo.com/myanmar-gets-first-investment-bank-072002469.html
Related posts:
Federal Guilty Pleas Soar As Bargains Trump Trials
Sky's the limit: New towers targeting rich Asians soar in New York
Columbine Gunshot Survivor To Obama On Gun Control: ‘WHOSE SIDE ARE YOU ON?’
Sessions Says to Courts: Go Ahead, Jail People Because They’re Poor
Italy’s Beppe Grillo Pushes For Euro Referendum
Jim Rogers: Gold To Make A Bottom Over 1-2 Years, I'm Not Selling
China: Sale of canned clean air skyrockets following smog red alert
Jim Rogers: China to be most important country in 21st century
House Extends Surveillance Law, Rejecting New Privacy Safeguards
Retiring FBI director warns ‘the threat is still here’
Land prices rising even after year of record drought
The Latest Suburban Crime Wave
Video gambling ring arrests include councilman, police chief, ex-cops
Lebanon’s financial sector prepares to open books to Uncle Sam
Gold Fix Study Shows Signs of Decade of Bank Manipulation