Myanmar seeks more foreign investment

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Asean Affairs 17 September 2015

Myanmar seeks more foreign investment

Myanmar is inviting more foreign direct investment (FDI) to boost growth in the country, said U Zay Yar Aung, chairman of the Myanmar Investment Commission Tuesday, according to a report by Xinhua on 15 September.

U Zay Yar Aung, who is also the minister of energy, told the Myanmar Global Investment Forum that the country needs large infrastructure investments in power generation, transportation, special economic zones, and resource development, as well as other supporting infrastructure to realize its long-term growth and development.

FDI will almost certainly increase this year and next, particularly as major announcements related to oil and gas tenders, solar power projects and other energy sector investments signal a new influx of business engagement, he said.

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ASEAN ANALYSIS

This year in Thailand-what next?

AseanAffairs 04 January 2011
By David Swartzentruber

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

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