Myanmar pushes ahead with new carrier, airport

Asia’s recently democratized nation, Myanmar (formerly Burma), is expanding its aviation capability with a new airline and the construction of an international airport. The new carrier, to be named Asian Blue Aviation, is joint venture (JV) between Japan’s full-service carrier All Nippon Airways (ANA) and Myanmar-based banking, infrastructure and telecoms company Golden Sky World, a […]

MIC pushes through dozens of investment approvals

The commission, which answers directly to the President’s Office, meets several times a month to approve foreign, joint-venture and local investments. According to MIC information dating back to January 2015, the average number of investments approved at each meeting is just under 10. No more than 20 projects have been approved at any previous meeting. […]