Investment

Investment policy and regulation

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 ...

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 ...

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