[Date Prev][Date Next][Thread Prev][Thread Next][Date Index ][Thread Index ]

BURMA LESS ATTRACTIVE FOR INVESTMEN



Subject: BURMA LESS ATTRACTIVE FOR INVESTMENT : FEER Poll

Execs Say Burma Less Attractive For Investment: FEER Poll
=========================================================

   HONG KONG (Dow Jones)--According to the latest Asian Executives Poll carried
out jointly by the Far Eastern Economic Review and Asia Business News, 70% of
business leaders throughout the region say the escalating war of attrition
between Aung San Suu Kyi and the military government has made Burma less
attractive for investment.
   But the majority of Indonesians (56%) and Malaysians (55%) disagree. 
   When asked if the Association of Southeast Asian Nations (ASEAN) should
reverse its policy of constructive engagement with Burma, the majrity of those
polled in most ASEAN countries said no reversal is required. The exceptions
were South Koreans (78%) and Taiwanese (60%), who said the policy should be
reversed.
   The weekly fax poll surveys top corporate executives in 10 Asian countries.
   The poll also revealed that 74% of Malaysians and 67% of Indonesians approve
of 'national car' projects. When asked, however, if the U.S.'s General Motors
is justified in freezing its investment in Indonesia in response to the
country's national car program, the majority of respondents in Indonesia (56%)
say the move is justified.
   (END) AP-DOW JONES NEWS 10-07-96
   0627GMT