
New Myanmar Part 4 : Japanese business
in Myanmar is developing at an alarming rate
Japan will lend Burma US$504 million and will cancel $1.74 billion of Burmese debt as part of a series of weekend deals that included a pledge to push development of a proposed port and commercial zone at Thilawa, a half-hour drive from downtown Rangoon, Burma’s commercial capital.
Making the first visit by a Japanese prime minister since 1977, Shinzo...