Burma’s short-term business confidence dropped to 49 percent in 2017 from 73 percent a year ago, according to a survey.
The delay of the much-anticipated reform comes as Suu Kyi faces criticism that she has neglected economic reforms.
An official with the Directorate of Investment and Company Administration (DICA) reportedly said this week that Burma had reached its foreign direct investment (FDI) target of $6 billion for the…
Foreign direct investment in Burma during the fiscal year that ended in March totaled $9.4 billion for 217 projects, official data showed on Monday.
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.
In business this week: historic Wold Bank funding package; foreign investment double that of last year; Thilawa SEZ to open imminently.