Hot! Myanmar Set for Record Foreign Investment

Bloomberg Businessweek | Myanmar, shunned since the 1990s for tolerating corruption and human trafficking, is set for record foreign investment in 2012 led by oil companies after the southeast Asian nation took its first steps toward democracy.

The country plans its biggest auction of exploration blocks for oil and gas by year-end. Oil & Natural Gas Corp. (ONGC) of India probably will bid, an ONGC executive said in an interview. This month France’s Total SA (FP), one of the few foreign corporations now operating under the dictatorship, said it bought 40 percent of an offshore permit, while Coca-Cola Co. made its first shipment in more than 60 years to Yangon, the biggest city.

Read full article

Property Attorney Thailand
Buying land or property in Thailand is attractive for investment or business reasons as well as residence or retirement purposes.

2 Comments

Comments are closed.

  1. Thanks for publishing these details online.

  2. A friend referred me to this website. Thanks for the
    resources.