Google Inc. GOOG -0.77% Executive Chairman Eric Schmidt heads to Myanmar next week, a sign of the Southeast Asian country's appeal to leading U.S. technology companies as it emerges from decades of secrecy and crippling western sanctions.
The visit on March 22 will be the first by a high-level executive from a U.S. technology giant, as many American companies have been held back by U.S. regulations that restrict their access to this market of 60 million people, giving international rivals an edge.
Source: Wall Street Journal. Read full article. (link)