World at Work: Myanmar

By Jane Hwang - 2013-01-30T16:49:07Z

Photograph by Brent Lewin/Bloomberg

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World at Work - Myanmar

Welcome to "World at Work," a weekly slideshow featuring economic events from around the world through the photography of Bloomberg News. Photographer Brent Lewin captures the changing financial climate of a new, entrepreneurial Myanmar (formerly known as Burma).

President Barack Obama became the first sitting commander-in-chief to visit Myanmar, a nation the International Monetary Fund (IMF) says may be the next economic frontier in Asia. Obama allowed U.S. companies, including Coca-Cola Co. and MasterCard Inc., to invest in Myanmar for the first time since 1997.

Left, a vendor sells grass hats on the beach in Chaung Tha, Myanmar, on Jan. 20, 2013. The country cleared about $1 billion in overdue debt with the Asian Development Bank and the World Bank using a bridge loan from Japan, opening the door for increased lending as it seeks to overhaul its infrastructure.