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custom-made to attract the labor-intensive manufacturing that jump-started income growth from South Korea to Malaysia. Natural resources, such as timber and minerals, could woo billions in foreign 	investment.	 And its strategic position nestled between China and India could turn Burma into a prime location for tapping into the megagrowth of those two Asian giants.Translating that promise into real dollar
Suu Kyi Makes Her Parliamentary Debut)In recent months, though, a nascent democratic awakening has raised hopes among Asia’s business community that Burma could finally become the attractive place to 	invest	 it has always promised to be. The long-suffering pro-democracy opposition was permitted to contest parliamentary by-elections in April. Nobel Peace Prize laureate Aung San Suu Kyi, who was release
had been imposed on the country.The political reform has opened the door to achieving a real economic revival. Now that Burma has come in from the cold, it can start in earnest to woo the foreign 	investment	 it so badly needs. There is a window of opportunity here. China has been the 400-kg gorilla of Asia for years, sucking up vast sums of investment, especially in the low-end manufacturing that coul
the cold, it can start in earnest to woo the foreign investment it so badly needs. There is a window of opportunity here. China has been the 400-kg gorilla of Asia for years, sucking up vast sums of 	investment,	 especially in the low-end manufacturing that could create much needed jobs in Burma. But as costs rise rapidly in the Middle Kingdom, businesses are looking for new, cheaper destinations for thei
story on Burma: “In economic terms, the country is aspiring just to become a Bangladesh.” Burma lacks the infrastructure, sound regulatory environment and trained workforce to attract foreign 	investment	 in large sums. Burma “has very strong potential, but before realizing that potential, it has to tackle challenges to its development,” says Asian Development Bank (ADB) economist Cyn-Young Park.
There has already been some progress, however. In April, the government reformed its currency system, allowing for a single, market-determined exchange rate, which will help stabilize the climate for 	investment.	 But that’s just a start. The government has to marshal funds for investment in new roads and other infrastructure so manufacturers could get their products to markets around the world. More money i
its currency system, allowing for a single, market-determined exchange rate, which will help stabilize the climate for investment. But that’s just a start. The government has to marshal funds for 	investment	 in new roads and other infrastructure so manufacturers could get their products to markets around the world. More money is needed to beef up the nation’s schools to upgrade the quality of th
other infrastructure so manufacturers could get their products to markets around the world. More money is needed to beef up the nation’s schools to upgrade the quality of the workforce. Burma “has to 	invest	 in its future,” says Park. Achieving that will entail reform of the government itself, so that it can raise revenues and spend them more efficiently.(MORE: As Rangoon Races Forward, a Push to Preserv
market economy. After being cut off in its own alternate economic universe for decades, the country simply lacks the clear rules and regulations foreign companies require to safely and confidently 	invest.	 My colleague Emily Rauhala found that out in April, when she attended a seminar for investors held in Hong Kong by the Burmese government. The room was packed with businesspeople, who peppered th
country simply lacks the clear rules and regulations foreign companies require to safely and confidently invest. My colleague Emily Rauhala found that out in April, when she attended a seminar for 	investors	 held in Hong Kong by the Burmese government. The room was packed with businesspeople, who peppered the government representatives with questions. Can foreigners own property? Will state companies pla
6,000 languages in the world.            rory2012 5pts  Burma is on the spotlight because the West wants you be there for the time being due to the Chinese factor. Once come to the returns of their 	investment	 consideration,you are long way off their target so your  poverty will continue.You name will be drawn to attention again whenever the Chinese card played by the West again.      omegafrontier 5pts  O