Four businesses to be removed from FBA Annex III

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PeteC
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Four businesses to be removed from FBA Annex III

Post by PeteC »

The part about foreign banks and branches is a good thing IMO. It may make life easier for many of us. Pete :cheers:

"To attract more foreign investors, the Commerce Ministry will remove four businesses - banking, bank branches, life insurance and non-life insurance - from the Annex III list of the Foreign Business Act (FBA) by the end of the year."....

http://www.nationmultimedia.com/busines ... 72647.html
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PeteC
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Re: Four businesses to be removed from FBA Annex III

Post by PeteC »

Further note......If foreign banks and retail branches are allowed by law, they also have to allow retirement deposits to be in said banks by law.....IMO. Pete
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