Following its successful chairmanship of ASEAN in 2013, Brunei Darussalam will look to continue its role as a regional leader in areas ranging from defence to commerce. The increased focus on diversification and the growth of several industries bode well for the economy, and the coming years are expected to see Brunei Darussalam further bolster its position within ASEAN and the international economy.
The “Golden Land”, officially known as the Republic of the Union of Myanmar and formerly as Burma, has undergone dramatic reforms in recent years under the administration of President U Thein Sein. The rapid transition from a military junta to an open economy has surprised the global community and will see Myanmar assume the ASEAN chair for the first time in 2014.
What were the deciding factors in the decision to enter Myanmar’s market, and how does the country differ from other emerging economies?
I believe something extraordinary is going to happen in Myanmar. The opportunities that will appear over the next one to two years are going to create some of the most important memories that the country is ever going to have, as communication technology arrives in this formerly inaccessible country. Myanmar will be able to skip all of the...
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