Suu Kyi beckons investors to Myanmar despite troubles

13 Nov, 2018

Myanmar's Aung San Suu Kyi on Monday implored foreign investors to take a punt on her country - Southeast Asia's "final frontier" - but warned its resources are not open for exploitation at the cost of its people.
Suu Kyi, Myanmar's de facto leader, has toured Asia in recent months beating the drum for her country's economy, which the World Bank forecasts to grow at seven percent next year.
A tangle of investment laws, a weakening currency, high inflation, widespread corruption and conflict have chipped away at an economy that was hoped to take off following the start of civilian government in 2016 after decades of junta rule.
At the same time Suu Kyi's image as an upholder of human rights, and that of her country, has been decimated by the Rohingya crisis.
Speaking at a business forum in Singapore ahead of a regional summit, she did not address the crisis which has sent hundreds of thousands of the Muslim minority into Bangladesh and extinguished optimism in some corners over Myanmar's future.

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