Myanmar To Focus SME in Its first Economic Reform

Myanmar To Focus SME in Its first Economic Reform - Industry Minister Soe Thane, who also heads the Myanmar Investment Commission, is one of the draft law’s biggest critics.

“This $5 million requirement is very discouraging for SMEs [small to medium enterprises], and SMEs are the only investors interested in Myanmar now,” he said.

Sean Turnell, economics professor at Australia’s Macquarie University and a Myanmar specialist said, 'I have watched foreign investment law become less and less liberal, less and less open, with each draft.'

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