| Further reading |
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| • Can Myanmar’s military recruit an army of investors? • Myanmar: From repression to opportunism • 2012 guide to Myanmar |
The prospect of a new geographic frontier in the investment banking industry is a rare thing indeed these days. Most markets have long ago been discovered, explored and settled by an industry keen to advise on capital raisings, asset purchases or money management. So it is understandable that the opening of Myanmar to the outside world is viewed as a rare and exciting opportunity within the Asia-Pacific region.
The watershed moment came at the beginning of October, when Myanmar gave preliminary approval for foreign banking licences to nine overseas firms.
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