Deloitte Consulting to enter Myanmar

DeloitteUS-based Deloitte Consulting which are giving consulting services in South East Asia countries is planning to make investment in Myanmar, sources say.

A representative from ICS Pte Ltd. of Deloitte Consulting came to Directorate of Investment and Companies Administration (DICA) on Thursday to discuss about rules and regulations of investment and opportunities to invest.

The Deloitte Consulting is giving consulting services in mining, oil and natural gas, energy, water resources, banking, insurance, real estates, education, technology and travel sectors at over 140 countries and has branch office in Singapore, Indonesia, Malaysia, Thailand and Vietnam.

After Myanmar has amended and established foreign investment law in 2012, international is interested to make investment in every sectors.

On October 7, another US-based insurance company Metlife Insurance has been approved to open representative office in Myanmar by DICA. Moreover US-based Colgate-Palmolive that specializes in household, health care and personal products came to DICA office to discuss about possible investment in Myanmar on October 9.

According to foreign investment law, foreign investment amount is over US$43 billion until August 2013. In eight months’ time from January 1 to the end of August in this year, UK, Vietnam, Hong Kong, South Korea, China, Australia, Japan, India and Canada made over $2 billion investment.



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US-based Deloitte Consulting which are giving consulting services in South East Asia countries is planning to make investment in Myanmar, sources say. A representative from ICS Pte Ltd. of Deloitte Consulting came to Directorate of Investment and Companies Administration (DICA) on Thursday to discuss about rules and regulations of investment and opportunities to invest. The Deloitte Consulting is giving consulting services in mining, oil and natural gas, energy, water resources, banking, insurance, real estates, education, technology and travel sectors at over 140 countries and has branch office in Singapore, Indonesia, Malaysia, Thailand and Vietnam. After Myanmar has amended and established...

DeloitteUS-based Deloitte Consulting which are giving consulting services in South East Asia countries is planning to make investment in Myanmar, sources say.

A representative from ICS Pte Ltd. of Deloitte Consulting came to Directorate of Investment and Companies Administration (DICA) on Thursday to discuss about rules and regulations of investment and opportunities to invest.

The Deloitte Consulting is giving consulting services in mining, oil and natural gas, energy, water resources, banking, insurance, real estates, education, technology and travel sectors at over 140 countries and has branch office in Singapore, Indonesia, Malaysia, Thailand and Vietnam.

After Myanmar has amended and established foreign investment law in 2012, international is interested to make investment in every sectors.

On October 7, another US-based insurance company Metlife Insurance has been approved to open representative office in Myanmar by DICA. Moreover US-based Colgate-Palmolive that specializes in household, health care and personal products came to DICA office to discuss about possible investment in Myanmar on October 9.

According to foreign investment law, foreign investment amount is over US$43 billion until August 2013. In eight months’ time from January 1 to the end of August in this year, UK, Vietnam, Hong Kong, South Korea, China, Australia, Japan, India and Canada made over $2 billion investment.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

 

 

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