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political prisoners, and the Monday ending of pre-publication censorship for the country’s media, will be followed by a series of economic reforms, the Burmese government says, with new foreign 	investment	 regulations likely to be passed into law in coming weeks.If the reforms stay on track, the Asian Development Bank (ADB) believes that Burma can attain “middle income” economic status by 2030, sayin
come their way. “Whether the youth population turns to a demographic dividend or curse depends on the government,” said Cyn-Young Park, an ADB economist, referring to the need for greater 	investment	 in education, health and infrastructure.Harnessing Burma’s young population—and ensuring that the country’s political opening does not result in public disenchantment—means helping millions to fin
infrastructure.Harnessing Burma’s young population—and ensuring that the country’s political opening does not result in public disenchantment—means helping millions to find jobs. With a new foreign 	investment	 law set to be enacted during the current Parliament sitting, there are high hopes that foreign companies will find Burma’s low wage economy attractive.However, about three-quarters of the foreig
law set to be enacted during the current Parliament sitting, there are high hopes that foreign companies will find Burma’s low wage economy attractive.However, about three-quarters of the foreign 	investment	 into Burma to date has been in oil and gas, says the ADB, which are sectors that do not create much local employment.After meeting Burma’s opposition leader and recently-elected parliamentarian Aun
Posts :Burma Business Roundup (Saturday, Jan. 26)Burmese Ex-Telecoms Minister Faces Graft ProbeRangoon to Get New Housing ProjectBurma's Mobile Market Set to ExpandBurma Still an ‘Extreme Risk’ for 	Investors	 Despite Reforms   3 Responses to Burma’s Economy Can Triple by 2030: ADB  Ohn  August 21, 2012 - 5:38 am  What is it there that is so wonderful about getting money for selling out a country at