A truck passes a checkpoint in Ban Phu Nam Ron in Kanchanaburi province, an access point to Myanmar's Dawei investment area. (Bangkok Post file photo)YANGON - Foreign business associations have warned that requirements and penalties in the newly proposed laws governing foreigners in Myanmar would discourage overseas companies from investing here. “The draft definitely does not [improve the working condition of foreigners]. Last year, the World Bank ranked Myanmar 170 out of 190 economies on the ease of doing business. A long list of procedures, low-quality judiciary and slow bureaucratic processes were seen as major stumbling blocks.

Source: Bangkok Post February 07, 2017 09:44 UTC