Now that the once-isolated Southeast Asian nation has officially become approachable by US investment, foreign businessmen plying name cards across Yangon and Naypyidaw bodes well for the success of reforms.
The news about the growth of the Philippine economy is also positively affecting the Philippine property market. Heightened confidence is expected to fuel the growth of property-related demand in the short- to medium-term.
The dispute over the South China Sea is no longer limited to regional claimants and could threaten the stability of the entire Southeast Asia region, if diplomatic efforts between China, the Philippines and the US fail.
The tiny Southeast Asian nation of East Timor plans to upgrade its infrastructure with state investments of up to $1 billion in 2012 from oil and gas revenue and attract foreign investors to engage in public-private partnerships.