Monday, November 26, 2007

Latest News from Yangon

Burma is back to normal, according to reliable sources, but small businesses connected to EU countries are likely to suffer in very near future. Many Expatriates who have investments in Yangon are ready to move to Chiang Mai; in next week, some of them will go to look at real estate there, some have already bought small condos.

Who will get benefit out of the EU sanctions? I am not so sure what is the agreement between the foreign companies and the regime. I think some companies may have been trying to avoid the tax as much as they could. If you have more informations or personal believe you can leave at comment section.

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