On Jan 2, 2012, the TODAY newspaper from Singapore published an article reporting on the emerging and high growth investment market of Myanmar and Cambodia. Read a summary of the article below:
Myanmar and Cambodia have emerged as high-growth investment destinations, with Myanmar recently engaging high-level Western diplomats, while Cambodia is continuing with economic reforms.
Franklin Templeton Investments said the frontier economies are now in the position that emerging markets like Brazil, Russia, India and China were 20 years ago.
Danish manufacturer Jebsen & Jessen says the ease of doing business is propelling a potential US$650,000 (S$843,000) investment in the country.
"It is small for its population, but very much open in its policy to attract new investors and it is easy to settle down there, it is very easy to build up business relationships," said Mr Fritz Graf von der Schulenburg, executive vice-chairman of Jebsen & Jessen.
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