Investment policy and regulation
Foreign investors
Lifting US sanctions: right or wrong?
Two weeks ago the Obama administration declared that it will drop all remaining economic sanctions imposed on Myanmar. Since 1997, when the sanctions were established as a response to the gross human rights abuses being committed by the country’s ruling junta, they have prevented any ...
No need to seek approval from MIC for investment except for businesses with environmental impact
Investment businesses are no longer required to seek approval from Myanmar Investment Commission (MIC) apart from the businesses needing environmental impact assessments.Those investment businesses can apply for registration at the Directorate of Investment and Company Administration (DICA) branches in the regions and states concerned.Keep reading ...
Obama pledges to remove nearly all remaining US economic sanctions
In a move derided by human rights groups, Washington has pledged to fete the progress made by Myanmar’s new government by lifting nearly all remaining economic sanctions.With a fatigued-looking Daw Aung San Suu Kyi at his side, US President Barack Obama yesterday lauded the “good-news ...
