World Economic Forum on East Asia
Myanmar is hosting the three-day World Economic Forum on East Asia, with heads of state and executives from companies including General Electric Co., Coca-Cola Co. and WPP Plc attending. (Photographer: Dario Pignatelli/Bloomberg)
Myanmar’s efforts to catch up with the world around it after half a century of military rule is being put to the test this week as a summit of government and business leaders fills hotels and stretches phone networks.
Visa Inc. (V) and MasterCard Inc. said payments using mobile phones will help Myanmar reduce the use of cash when wireless networks are rolled out across Southeast Asia’s poorest country starting this year.