Extractive industries
Extractive industries policy and administration
Jade, drugs and GDP
Myanmar boasts of possessing precious natural resources including those that are mined, legally or otherwise, and one of these resources is jade. But there is an enormous difference between the official data and estimates provided by non-profit organisations like Global Witness. Keep reading ...
Give back our alabaster mining sites: residents
Sakyin area residents in Madaya township, Mandalay Region, have urged the government to award more locals, and not companies, with permits for alabaster production.Keep reading ...
Miners to Miss Out on Tax Exemptions Under New Investment Law
The mining sector will miss out on a number of incentives including special income tax exemptions under the new investment law which is due to take effect next month, the Director General of the Directorate of Investment and Company Administration(DICA) told a press briefing. Keep reading ...
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 ...
Myanmar to submit EITI report next month
Myanmar will submit its debut report disclosing information on its extractive industries next month, in the hope of being accepted as a compliant member of the International Extractive Industries Transparency Initiative (EITI), officials said yesterday.Keep reading ...
