YANGON -- Foreign direct investment (FDI) that flowed into Myanmar went down over 37 percent year-on-year to more than 3.73 million U.S. dollars in April, according to the Directorate of Investment and Company Administration (DICA) on Saturday.

The Southeast Asian country attracted more than 5.99 million dollars in April last year, the DICA's figures showed. (Myanmar-FDI)

- - - -

HIROSHIMA, Japan -- The Group of Seven (G7) leaders on Saturday rushed to release a joint statement at their ongoing annual summit in Japan's western city of Hiroshima.

The G7 Hiroshima Leaders' Communique was suddenly issued with one single version in English on Saturday afternoon, followed by two revised versions sent to on-site media by Japan's foreign ministry as of 8 p.m. local time.

It was an unusual move to release the document ahead of schedule as the three-day gathering will conclude on Sunday, local media reported, citing the usual practice of issuing a statement on the last day of the summit. (Japan-G7 Summit-Communique)

- - - -

NEW DELHI -- The Indian Air Force (IAF) has decided to ground the fleet of Russia-made MiG-21 until investigation will determine the cause of the crash of one of these fighter jets in the western state of Rajasthan earlier this month, local media reported on Saturday.

The IAF has as many as three squadrons of the MiG-21's Bison variant, among the total 31 squadrons, with a total of around 50 MiG-21 aircraft. The MiG-21 was inducted into the IAF in the 1960s, and 800 variants of the MiG-21 have been in service.

The MiG-21 crash on May 8 killed three after the debris from the crashed jet fell on them. (India-MiG21 Fleet-Grounding)

- - - -

KUALA LUMPUR -- China and Malaysia have agreed to further promote practical cooperation and cultural and people-to-people exchanges between the two countries, top Chinese legislator Zhao Leji said.

During a three-day visit to Malaysia which ended on Saturday, Zhao, chairman of the Standing Committee of China's National People's Congress (NPC), met with Malaysian King Sultan Abdullah Sultan Ahmad Shah, Prime Minister Anwar Ibrahim and Speaker of the lower house of parliament Johari Abdul, respectively. (Malaysia-China-Ties) Enditem

Related

Go to Forum >>0 Comment(s)