Archive | June, 2011

Storms delay world record microlight flight

Storms delay world record microlight flight

13 June 2011

A daring world record attempt to fly by microlight from England to Australia has hit delays in Ramree Island due to heavy storms and low cloud cover. Dave Sykes from Yorkshire, England is aiming to be the first paraplegic to fly a microlight aircraft 11,600 nautical miles through 18 countries to raise money for the […]

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Record foreign investment in Burma

Record foreign investment in Burma

10 June 2011

In the past year Burma received a record $20bn in foreign investment, the Ministry of National Planning Development has said. The staggering amount compares with just $302m in 2010 and comes despite Western sanctions against its military government. China, it’s northern neighbour, was the biggest foreign investor with $8.27bn in the year to March 2011, […]

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Plans for mega port at Dawei

Plans for mega port at Dawei

10 June 2011

At a conference in Bangkok on Wednesday, the Italian-Thai Development Public Company outlined their plans for a mega deep-sea and industrial estate near the fishing town of Dawei (formally Tavoy), southern Burma. The 10-year, $8 billion plan comes 3 years after the Burmese and Thai governments signed an agreement to jointly develop a port project […]

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aHR0cDovL3d3dy5yYW1yZWUuY29tL3dwLWNvbnRlbnQvd29vX3VwbG9hZHMvMy1sb2dvLnBuZyI7fTwvbGk+PGxpPjxzdHJvbmc+d29vX3ZpZGVvX2NhdGVnb3J5PC9zdHJvbmc+IC0gVmlkZW9zPC9saT48L3VsPg==