Myanmar Investment Commission
Myanmar presents plan to attract over $200 billion in foreign investment
The Myanmar Investment Commission (MIC) came up with an ambitious business plan that includes a major investment promotion strategy aiming to attract more than...
Myanmar to release new investment law by next year
Myanmar will get its official investment regulation framework by end-March or early April next year when the by-laws of the country’s investment law are...
Yangon gets new business district; stock exchange to open on December 9
Now that the elections in Myanmar have passed, the country hurries to resume a number of delayed projects to win back investor confidence which...
Booming Myanmar seeks investors for the hotel and tourism industry
Tourists and business people flooding into Myanmar since the country opened to the world just a few years ago make considerable investments into tourism...
More Myanmar businesses opened to foreign investors
The Myanmar Investment Commission (MIC) has expanded the list of businesses that can be owned 100 per cent by foreign investors, as the country...
Real estate deals account for half of total money inflows to Myanmar
Well over half of all money flowing into Myanmar is being invested in the real estate sector, according to Aye Lwin, joint-secretary of the...
Colgate-Palmolive to open factory in Myanmar
The Myanmar Investment Commission (MIC) has given US company Colgate-Palmolive a licence to produce commodities in Myanmar.
The company applied to the Directorate of Investment...
Two new airlines to take off in Myanmar
Myanmar’s Department of Civil Aviation says two new domestic airlines, Apex and FMI, are expecting to gain the green light soon to begin flying...
Myanmar garment sector sees more investment
Six foreign invested and three local invested firms were given the green light to invest at the first meeting of newly reorganised Myanmar Investment...
Myanmar steps up beer production to quench growing thirst
Local beer production in Myanmar has increased to 104 million liters in ten months from April 2013 to January, which is 3.78 million liters...
Myanmar trade deficit at record high
Myanmar’s trade deficit has seen a new record high of $2.65 billion because of stronger imports in the recent fiscal year 2013-14, according to...
Wilmar International forms sugar venture in Myanmar
Wilmar International, the largest sugar cane miller in Australia, agreed to form a Myanmar venture with a local partner as it builds on a...
Foreign investment creates 150,000 jobs in Myanmar
Foreign investment in Myanmar has created more than 150,000 job opportunities for citizens, according to the Myanmar Investment Commission (MIC).
The MIC grants permissions for...
Singapore tops foreign investors in Myanmar
Singaporean has emerged as the largest foreign investor in Myanmar as companies from the city state have been expanding their investments in sectors such...
IMF positive on Myanmar’s growth outlook
The International Monetary Fund (IMF) said Myanmar's economic outlook remains favourable and projected that real GDP growth will rise to about 7.8 per cent...
Myanmar ends raw wood export
The Forest Department of Myanmar has recently announced a deadline for raw log exports through Yangon ports. The deadline is midnight on March 31,...
Myanmar, EU to sign investment agreement
Myanmar will soon sign an investment protection agreement with the European Union to promote foreign investments, according to the Myanmar Investment Commission (MIC).
“The EU...
Myanmar plans more industrial zones
The Myanmar government is planning to build more industrial zones in the future as part of the strategy to contain the growing land prices,...
Latest
Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...