Myanmar FDI drops to 8-year low, reflecting post-takeover unrest

BANGKOK/YANGON -- Foreign investment in Myanmar, first depressed by the COVID-19 pandemic and then by the political unrest that spread after the February military takeover, has fallen to an eight-year low, official numbers show.

And amid the country's streams of foreign currency drying up, the International Monetary Fund expects the economy to post negative growth next year.