In Myanmar, business leaders confident about transition – Nikkei Asian Review

YANGON – Reducing transport overheads will make doing business easier for Ruf Hou, owner of the Aung Min Thu Furniture Mart in Yangon’s Tamwe township, which depends on teak and other timber being trucked across Myanmar’s far flung road system to Yangon. Since 2011, the year the army ceded power to a military-supported civilian government, Aung Min Thu has more than doubled its staff roster to “around 100 people,” according to Ruf Hou. “Many companies come to us and offer to pay extra to have the tables, chairs done more quickly,” he said, discussing the impact of Myanmar’s recent economic growth, which he thinks will continue under a Suu Kyi-run government. “I think that a lot of investor, a lot of company will come to build factories in Myanmar,” he said.