Slew of foreign investments approved before govt power transfer
Foreign direct investment in the fiscal year ending in March grew to nearly $9 billion, after a rush of last-minute approvals.
Foreign direct investment in the fiscal year ending in March grew to nearly $9 billion, after a rush of last-minute approvals.
Business Lead Story News Rangoon
Heineken NV has opened a US$60 million brewery joint-venture just outside Rangoon as it attempts to entice Burma’s notorious loyal beer drinkers.
Kokang Latpadaung Lead Story Military News
Burma finally signs the international convention, though it has been accused of using and manufacturing chemical weapons in recent years.
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Phyu Phyu Kyaw Thein and L Lun Wah selected a song called “War” to perform. They said they wrote this song specially for the occasion as they wanted to stress before a global audience that “a nation cannot be built with bullets”.
The Dutch government announced support for water management projects in Burma with a commitment of three million euros (US$3.9 million).
Foreign Affairs Lead Story News
President Thein Sein flies from Naypyidaw to begin a 10-day trip to Europe which will include official visits to Germany, Switzerland and the Netherlands for the first time.