At the moment foreign businesses in joint ventures with neighborhood firms are allowed to import a restricted variety of things such as fertilizers, pesticides, construction supplies and automobiles but only firms in the manufacturing sector are permitted to export. The new organizations act appears to additional modernize the business atmosphere, bringing Myanmar in line with fundamental international standards of corporate governance and frameworks, with provisions like the strengthening of shareholder rights, outlining the responsibilities of firm directors, and crucially – and possibly the real hidden game changer – the possible loosening of laws to permit foreign entities to get extended-term land leases and titles.
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From the point of view of the pedagogy of business education, the anthropological approach focuses on the influences of culture and society on person behaviour. There is a lot of cash to be created in this business for the few who stick with it and have a sound business plan, but it is absolutely not a … Read More ...Read More »