Myanmar Passes New Legislation in Hopes of Attracting Thai Investors

Myanmar recently passed a new companies law in the hopes that it will attract increased investment from Thai businesses in the coming years. The legislation comes after massive drops in investments from Thailand into the Burmese economy in recent years. Burmese officials point out that the revamped companies law will replace the century-old replaced legislation that stifled foreign investment in the Southeast Asian country. Now, foreign companies will be encouraged to invest in … [Read more...]