Good news about housing prices, as well. The lawmakers in Myanmar have recently decided to make it permissible for 40% of the apartments in an apartment building to be owned by foreigners. This figure is based on the laws already in place in Thailand prohibiting foreigners from owning land, while still permitting partial ownership, i.e. condominiums within a building, provided the number of foreigners living there does not exceed a certain percentage.
Somchai had to be the right man to do business with! He bought German glass-cutting machinery, loved red wine and drove a Mercedes. He even called his business “Thai-German”. Of all the craftsmen in Thailand, he was surely the one to choose when you want a glass wall cabinet for your modern conference room.
Those who travel through other countries on a daily basis quickly lose their bearings. Then, even the smallest observations can help to identify your location. For example, if you observe that morning dog walkers do not.
It is hard to separate oneself from preconceived notions. It not only means to start thinking again, but also more often, to recognise one’s own mistakes. This is what is faced by many companies that went to China like lemmings during the last ten years…
Delegation Visits