Courtesy of The New York Times, an article on Cuba’s efforts to expand its private sector: Those awaiting measures to create even more opportunity for private business got the opposite last week, when news spread of a little-advertised government decision to charge steep customs duties on the informal imports, from Miami and elsewhere, that are the lifeblood of many […]
Read more »Courtesy of Asia News Network, an interesting article on potential investment risks in Myanmar: Despite tremendous interest in Myanmar following the lifting of sanctions, investors still face many risks as the country is in the middle of reforms on many fronts, a partner at Baker and McKenzie has warned. “Hopefully, Myanmar will follow its promises,” […]
Read more »Courtesy of the Harvard Business Review, another look at a recent McKinsey study examining where the next wave of urban growth will come from: You are an executive responsible for unearthing the next new market opportunity for your company and — like your competitors — you’re looking at maps of rapidly-growing economies in the emerging […]
Read more »Via The New York Times, an interesting look at Mongolia: Howard Hodgson, a weather-beaten Australian drilling executive with the mouth of a sailor, is proud to say he is in it for the money. When he landed here more than a decade ago, Mr. Hodgson found an economic wasteland still reeling from the fall of […]
Read more »Via Jim Rogers’ blog, a quick look at Myanmar: Probably the best investment opportunity in the world right now is Myanmar. In 1962, Myanmar was the richest country in Asia. They closed off in 1962, and now it’s the poorest country in Asia. I see enormous opportunities there because they’re now opening up. It’s like […]
Read more »Via Foreign Policy’s Oil & Glory, an interesting commentary on Exxon Mobil’s Afghan initiative: Ultra-frontier business-making — the pursuit of work in the more dangerous, out-of-the-way and fringe areas of the world — doesn’t ordinarily attract blue-chip companies, and Afghanistan is no exception. We don’t see the likes of Warren Buffett, Alan Mulaly, Tim Cook […]
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