YANGON -- Myanmar has opened its doors to foreign ownership of local wholesalers and retailers to spur employment and urbanization, recently clearing up rules whose vagueness left some overseas companies hesitant to take the opportunity.
Economy
Myanmar clarifies foreign ownership rules for retail sector
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Shoppers check produce at a Yangon supermarket. Domestic retailers are wary of competition from foreign-owned stores. (Photo by Yuichi Nitta)
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