Foreign investment in Burma surged to over $64 million during the first quarter of the financial year 2000/1, more than double the level during the same period in the previous year. The increase is attributed largely to the oil and gas sector; South Korea, Canada and Malaysia are the main investors. Meanwhile UN special human-rights rapporteur on Burma, Rajsoomer Lallah, has resigned after four years in post, saying he is disappointed at the lack of progress. His predecessor had also resigned citing similar reasons.
This first appeared in our award-winning magazine - to read more, subscribe from just £7