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Ford has announced its intention to open a new car showroom in Burma after the US government eased trade restrictions in February 2013. The removal of sanctions presents a new opportunity for American companies within Asia. Following Burma's recent democratic reforms, Ford is among the major Western companies that are looking to tap into the Burmese market's potential.
Published By Datamonitor
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02 May 2013 |
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Expert View
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Vodafone has teamed up with China Mobile to bid for a mobile network license in Myanmar. If awarded it will give Vodafone access to a market that is almost 50% larger than Kenya, the first market where its M-Pesa mobile payment solution was introduced. The road to Myanmar will not be an easy one but if successful, the venture will present further opportunities for M-Pesa in China.
Published By Datamonitor
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03 May 2013 |
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