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...]

Thai Government Courting Chinese Investors for $51 Billion Development Project

          The ruling Thai military government is courting Chinese investors to help fund a $51 billion infrastructure and economic development plan for the country's eastern seaboard. The so-called Eastern Economic Corridor project would use Chinese funds to introduce technologically advanced industries to the region, from biotech and robotics to aircraft maintenance, in hopes to revamp what was a traditional manufacturing hub of the … [Read more...]