Burma has revised its forecast for foreign direct investment (FDI) to more than US$5 billion for the fiscal year that began in April, a senior official said on Tuesday, surpassing earlier expectations and led by new ventures in energy and telecoms.
The figure exceeds an earlier estimate of $4 billion, with investments in the first five months of this fiscal year worth $3.32 billion, said Aung Naing Oo, secretary of the government-run Myanmar Investment Commission (MIC)"...
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The Irrawaddy (Burmese: ဧရာဝတီ; MLCTS: ei: ra wa. ti) is a website by the Irrawaddy Publishing Group (IPG), founded in 1990 by Burmese exiles living in Thailand. From its inception, The Irrawaddy has taken an independent stance on Burmese politics. As a publication produced by former Burmese activists who fled violent crackdowns on anti-military protests in 1988, it has always been closely associated with the pro-democracy movement, although it remains unaffiliated with any of the political groups that have emerged since the 8888 Uprising.
The Online Burma/Myanmar Library (OBL) is a non-profit online research library mainly in English and Burmese serving academics, activists, diplomats, NGOs, CSOs, CBOs and other Burmese and international actors. It is also, of course, open to the general public.