Existing foreign investors may find their local partner facing closer scrutiny, while new investors have to consider how their potential partners attained their level of wealth.
Burma is facing complete forest degradation unless it can clean up the crony economy.
Preparations are underway to return about 50 acres of land confiscated by the crony-connected Max Myanmar Group to local residents, according to Irrawaddy division’s Land Records Department
Burmese tycoon Zaw Zaw’s attempt to take over a listed Singaporean company has been blocked by stock market regulators citing concerns about his continued presence on the US government’s Burma…
Campaigners urge Washington to target with punitive financial measures all businessmen in Burma who prop up the government