“Foreign investment in Myanmar has now reached more than $42 billion from 32 countries. In June alone, the up-and-coming investment hotspot received $423 million in foreign investment. June’s investment went into production and hotel sectors, according to the Myanmar Directorate of Investment and Companies Administration (Dica). With the lifting of Western sanctions against the country, international giants such as Coca-Cola and Unilever have opened manufacturing operations in Myanmar, with other companies establishing sales outlets in the country, all with an eye on targeting the native Myanmar market.”
Related posts:
Fed Critic Mulligan Mint Files for Bankruptcy
India Pledges Rupee Action as Currency Nears Fresh Low
Jamie Dimon labels bitcoin users 'stupid' as price heads to $10,000
IBM, central banks adapting bitcoin technology for major currencies
Ron Paul On Foreign Aid: We Should Stop Funding These Nations, You Can't Buy Friendship
Glenn Greenwald: Members of Congress denied access to basic information about NSA
Will Congress heed the warning on their Obamacare exemptions?
New York Fire Department Rescues Cop Stuck in Tree Trying to Rescue Cat
Berlin Wall to host exhibit on the world’s tensest borders
Argentina: Dollar price at 10.45 Pesos over two times the 'official' price
Police officer gets year in jail for conning immigrants out of $13,000
Flight of the RoboBee: Tiny hovering robot creates buzz
Sweden’s deflated economy: Sub-zero conditions
Hiring Spreads, but Only 14 Cities Top Prerecession Level
Gold Beats Cocaine as Colombia Rebel Money Maker