MYANMAR is opening to the world by keeping its reform process at all cylinders. Unfortunately, the world is not feeling well. See the leading nation, US, it has not fully recovered from the economic crisis. Likewise, EU nations are getting difficulties to find a solution to settle its some member state's debit crisis. In the last of bad series, it seem turn now toward Asia. The on-going maritime dispute between China and Japan make sizable impact on Asia's two biggest economy. I don't know how much those tiny island change are worth. We see visible threat to make big boys enter to the war. Any wrong movement from each side could spark to the war. The US is trying to intervene while two giants are not seen to switch diplomatic button.
For sure, Japanese firms have shut down their factories in mainland China to mitigate the risks. China is trying to survive from soft landing. It is obvious China's economy is export dependent and the weak of US and EU consumers will have some say on China's economical growth. Definitely China may not enjoy two digits growth that it had enjoyed for last decade. Singapore is in the brink of recession. The middle east is always risk due to its Islamist culture. World Bank and ADB are lowering its previous forecast % on economy growth that shown 6% around for Asia's emerging market. In this scenario, how does Myanmar gain its momentum by the help of international community? One thing Myanmar could gain is alluring Japanese investors as they are trying to move away from troublesome China. It is definitely they'll want to invest in Myanmar as we have big market and enough man power. Hope our leaders will able to make wise movement to attract FDI which we badly need at the moment to create necessary jobs.
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