Don't Do Business with Burma unless you want to be a loser

Burma found to be highly risk-prone for Business

Brunei Times

Bandar Seri Begawan -Political environment in Burma was found to be
highly risk-prone. Despite vast natural resources and strategic
location on the borders of India, China and Southeast Asia, the
country lacks a strong legal framework and tax systems. Its
infrastructure was also assessed to be weak according to a recent
report by Singapore's Enterprise One, a multiagency body set up to
cater to the business community there.

On a wider scale, a WMRC global survey of 202 countries found Brunei
to be the 64th least risky place for business, while Singapore and
Malaysia came in at second and 51st positions respectively.

On a wider scale, a WMRC global survey of 202 countries found Brunei
to be the 64th least risky place for business, while Singapore and
Malaysia came in at second and 51st positions respectively.

****The riskiest place in the region to conduct business is Burma,
which was ranked 185 in the worldwide ratings****

Additionally, Vietnam, Laos and Indonesia were seen as politically
stable in the short-term, but their respective long-term outlooks
remain uncertain.

Bureaucracy and corruption are common themes in Vietnam and Indonesia.

Meanwhile, Philippines were found to be of medium risk because of its
poor infrastructure, extensive bureaucracy, corruption and complicated
tax system.

Its security risk received a high rating, as crime is a serious
problem in the country and there is known, active terror groups
operating there.

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