Chinese-Funded Port Gives Myanmar a Sinking Feeling

Myanmar’s government wants to sharply reduce the scale of a Chinese-funded port project on the Bay of Bengal that officials say risks saddling the country with unsustainable debt. Keep reading ...

Japanese investors eye retail sector investments in Myanmar

Wholesalers and retailers from Japan, Thailand and South Korea met with the Ministry of Commerce (MOC) to discuss investments in the Myanmar retail sector, said U Yan Naing Tun, director general of the Department of Trade under MOC. Among the companies was Japanese retailer Aeon ...

‘Invest in Steel and Cement’ - Government Calls on Entrepreneurs to Prop Up Hungry Construction Sector

Minister for Planning and Finance U Kyaw Win has called on local entrepreneurs to invest in the cement and steel industry in efforts to meet the demand of the country’s booming construction sector.Keep reading  ...

Microfinance Firm Hayman Secures $1m Loan as Part of Aggressive Growth Plan

Microfinance lend­er Hayman Cap­ital has secured a $1 million loan from Malaysia’s May Bank as part of an ambitious ex­pansion plan to enlarge its loan portfolio and be­come a market leader.The company said last week that it was hoping to receive the first tranche of ...

Government to Give Investors Equal Rights at New Industrial Zones, Satellite Townships

The government has plans to build new industrial zones and satellite townships across the country, U Kyaw Win, the minister for planning and finance, told an investment conference.Keep reading ...

Changes to Fuel Policy to Level Playing Field – Minister

Myanmar is plan­ning to liberalize policy for for­eign retailors in the local fuel sales industry, the minister for finance and planning said.U Kyaw Win told a meeting of investors at Yangon’s Novotel Hotel that “one of the reasons for liberalizing the policy is that there ...

Government Eases Trade Restrictions

RANGOON — Burma’s government has announced a plan to ease trade restrictions on joint ventures between local business people and foreign investors, U Yan Naing Tun, director general of the Ministry of Commerce, told The Irrawaddy.Keep reading ...

Investment Law Rules and Regulations Released by March

NAYPYIDAW — Rules and regulations for the newly enacted Myanmar Investment Law will be released in three months at the earliest and by the end of March next year at the latest, according to U Maung Maung Win, deputy minister of national planning and finance.Keep ...

Myanmar Investment Law approved

The government has approved a bill on the Myanmar Investment Law, which is aimed at promoting foreign investment, state media reported on 6 September.Keep reading  ...

Real estate sector FDI approvals account for bigger share this year

Myanmar’s real estate sector is receiving a far larger share of overall approved foreign direct investment (FDI) so far this fiscal year, according to data from the Directorate of Investment and Company Administration (DICA).As of August 31, real estate had received 15 percent of total ...

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