Travels in Myanmar

Myanmar Travel

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Travel in Myanmar: The new frontier

Burma is one of the newest fronttier market and one I would like to know more about. Myanmar, long insulated from a reign of war, has been in a transitional phase for several years. When I last visited Myanmar this past summers, I chose to begin in the more secluded town of Mandalay, the home of the old empire.

andalay has an amazing story and I wanted to get a sense of how those outside the larger town of Yangon were living. It was the capitol of what was then Burma, a UK patronage from 1885 to 1948. As a place of great natural beauties, Burma was presented by Kling - not only the land but also its population.

Since then, Kipling's words have repeatedly appeared in pop music, for example in the track "On the Road to Mandalay" that Frank Sinatra sang. He was not the only Westerner in love with the land. Burma's natural beauties and its inhabitants also made an impression on George Orwell, who many know as the writer of the novel "1984".

" In 1934, he also authored a novel entitled "Burmese Days", which was first released. The name Mandalay (including a US casino) has been adopted by other places around the globe to suggest something extravagant and attractive. Nowadays Mandalay has a total of more than a million inhabitants, but still has a busy small-mindedness.

A huge wall-mounted and water-filled building dominating the centre of the town testifies to its status as the last king's town. Located on the Irrawaddy River in central Myanmar and about 700 kilometres from Yangon, Mandalay was the centre of Burma's cultur. Nonetheless, an inflow of Mandalay has been culturally influenced by the arrival of foreigners from China (mainly from Yunnan province).

Mandalay feels like "an indeclared Yunnan colony", a Myanmar author once said. "Today, 30%-40% of the town is made up of immigrant Shrines. Myanmar has a major impact on the nation, and today Myanmar is playing a key role in China's One-Belt One-Roaditiative. Mandalay is still the main tongue of Burma, although Mandarin is becoming more and more spoken in the city's megacities.

In 1857 King Mindon established the town in the shade of Mandalay Hill as the new King's capitol. Remaining the king's capitol until the Brits completely annex Burma after three Anglo-Burmese War. Throughout the Second World War, the Japanese fought the Brits and carried out aerial attacks on the town.

The resulting fire devastated a large part of the town. When the Japanese invaded the town from 1942 to 1945, they transformed the castle area into a camp for supplies. 1948 the land gained its sovereignty from the British. There were no tears and we could stay inside while they hit the outside rim to get an impression of the music.

Then we went to the pit and climbed up 174 stairs (there was some meaning, but we never found out what it was). When we arrived at the top of the cliffy mound, the young men volunteered to help us through an area where an 1839 quake had caused damage to the rocks and caves.

When we came down the mountain, we gave some dough to the guys who had been helping us. Returning to the ship, we found further proof that there was living and healthy life in the country's financial system. A few youngsters wanted to change and asked if we had US Dollar.

In Myanmar, we found that this was not uncommon. Whilst traders in the United States like to buy pleated, crumpled, ink-bonded or even ripped notes, only crunchy, uncrumpled US dollar notes are acceptable in Myanmar. Of course, very few could have afforded it in the state, but the fact that there was an exhibit was interesting and an indicator of branding and perhaps also of possible interest in selling.

As Mandalay is regarded as the Buddhism's centre of culture and religion in the land, the next morning we resolved to go to some of the most important places of Buddhism, of which there were many. Numerous abbeys and several hundred marshes can be found in the town. The Kuthodaw Pagoda with the "Buddhist Bible", the biggest books of the whole word, with over 700 plates of stones, which are labeled with the whole Buddhistic cannon, was seen at the bottom of the Mandalay hill.

Up Mandalay Hill, which required more rock-limbing, but then we took the comfortable and tourist-filled escalator and elevators to get to the upper patio of Sutaungpyei Pagoda. An unbelievable panorama of Mandalay and the plains far into the distant future. A sunset brought us to a beautiful end of our stay in this historical town.

As Myanmar faces some challenge, I am eager to see what the brighter side of the world holds and encouraging travellers to discover its many cultures. It is not meant to be a full review of all the key facts about a particular land, area, business sector, area, business sector, location, destination, investment type or strategic direction. There is risk involved in all capital expenditures, even the potential capital outflow.

Investing in non-domestic stocks carries particular risk such as exchange rate movements, cyclical volatility and policymaking. Investment in developing countries, of which the fronttier market is a sub-quantity, involves increased risk associated with the same elements, in excess of those associated with the smaller market sizes, lower levels of cash and the absence of an incumbent regulatory, policy, business as well as societal framework to assist the stockmarket.

As these conditions in fronttier economies are generally less mature, as well as various drivers such as greater exposure to excessive fluctuation in prices, illiquidity, trading obstacles and foreign currency control, the risk associated with developing countries in fronttier economies is exacerbated.

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