In 2011, Burma’s ruling military junta handed over power to a civilian government. This shift enabled the opposition to enter parliament and gave some measure of political power to civilians for the first time (though the military remains the most powerful player). It also opened the country to the world, making foreign investment in its economy possible and promising rising standards of living.

But Burma’s opening is threatened by an economic phenomenon common to many transitioning countries. Its current government inherited a large number of state-owned assets from the former junta — and it is now selling off these possessions to a coterie of business tycoons at rock-bottom prices, by means of an auction process that would meet few serious standards of transparency.

Burma’s class of “cronies” (as they are called locally) arose during the junta’s rule, when private businesses required the military’s approval to operate. Naturally, not all citizens were granted such permissions. The military extended special privileges to a select group of businessmen who had close personal connections with the generals and supported their rule.

Herrick Stamp Company is America's most famous stamp dealer, the leader in philately since 1946. We sell old stamps, foreign stamps, new issue stamps, wholesale stamp ...

HOW TO START AND OPERATE YOUR OWN PROFITABLE IMPORT / EXPORT BUSINESS AT HOME Introduction · How it Works · The Basics · Making Contacts · Analyze the Market ...

We offer repossessed Philippine real estate, and Philippines property for sale in the Philippines to Overseas Filipino Workers, with finance packages available worldwide.

We use cookies to give the best experience on our site while also complying with Data Protection requirements. Continue without changing your settings, and you'll receive cookies, or change your cookie settings at any time.

Tel: +44 0906 6610197 (Premium Rate Number. Calls Cost £1.50 per min. This n umber is not available to  residents of Ireland or Northern Ireland)

In 2011, Burma’s ruling military junta handed over power to a civilian government. This shift enabled the opposition to enter parliament and gave some measure of political power to civilians for the first time (though the military remains the most powerful player). It also opened the country to the world, making foreign investment in its economy possible and promising rising standards of living.

But Burma’s opening is threatened by an economic phenomenon common to many transitioning countries. Its current government inherited a large number of state-owned assets from the former junta — and it is now selling off these possessions to a coterie of business tycoons at rock-bottom prices, by means of an auction process that would meet few serious standards of transparency.

Burma’s class of “cronies” (as they are called locally) arose during the junta’s rule, when private businesses required the military’s approval to operate. Naturally, not all citizens were granted such permissions. The military extended special privileges to a select group of businessmen who had close personal connections with the generals and supported their rule.

In 2011, Burma’s ruling military junta handed over power to a civilian government. This shift enabled the opposition to enter parliament and gave some measure of political power to civilians for the first time (though the military remains the most powerful player). It also opened the country to the world, making foreign investment in its economy possible and promising rising standards of living.

But Burma’s opening is threatened by an economic phenomenon common to many transitioning countries. Its current government inherited a large number of state-owned assets from the former junta — and it is now selling off these possessions to a coterie of business tycoons at rock-bottom prices, by means of an auction process that would meet few serious standards of transparency.

Burma’s class of “cronies” (as they are called locally) arose during the junta’s rule, when private businesses required the military’s approval to operate. Naturally, not all citizens were granted such permissions. The military extended special privileges to a select group of businessmen who had close personal connections with the generals and supported their rule.

Herrick Stamp Company is America's most famous stamp dealer, the leader in philately since 1946. We sell old stamps, foreign stamps, new issue stamps, wholesale stamp ...

HOW TO START AND OPERATE YOUR OWN PROFITABLE IMPORT / EXPORT BUSINESS AT HOME Introduction · How it Works · The Basics · Making Contacts · Analyze the Market ...

We offer repossessed Philippine real estate, and Philippines property for sale in the Philippines to Overseas Filipino Workers, with finance packages available worldwide.

Philippine Real Estate For Sale - Philippines property


How to Start Your Own Import & Export Business - Foreign.

Posted by 2018 article

51dmBlaC1lL