State Counsellor Aung San Suu Kyi meets with British Prime Minister Theresa May on the final day of a visit to the United Kingdom ahead of a trip to Washington.
President Barack Obama will consult with Burmese leader Aung San Suu Kyi on Wednesday on whether to further ease US sanctions to help investment and democratic transition in Burma.
State Counsellor Aung San Suu Kyi, who is also Burma’s foreign minister, met with her British counterpart on Monday to discuss efforts to promote bilateral ties.
Thai leasing company GL is acquiring a 71.9 percent stake in BG Microfinance Myanmar, with plans to expand its lending portfolio from US$1 million to $40 million in 2017.
Foreign investment in Burma has dropped to US$380 million during the first four months of the current fiscal year, down from $2.6 billion during the same period last year.
Yanghee Lee, the UN special rapporteur on human rights in Burma, calls on international investors to be careful not to undermine the country’s rights priorities.