BANGKOK, Aug 31 (The Straits Times/ANN): Myanmar's shadow government this week named eight companies for "undertaking illegal investments by seeking permits and endorsements" from a junta-controlled entity, highlighting the quandary faced by businesses amid the tussle over who is the rightful authority in the country.
In a statement dated Monday (Aug 30) and circulated online the next day, the National Unity Government (NUG) named companies said to have originated from Singapore, Thailand, China and Japan, as well as Myanmar, which had allegedly dealt with the Myanmar Investment Commission now controlled by the military junta.