Uncertainty and confusion over Myanmar’s proposed oil and gas law risk alienating existing investors and could undermine the next crucial bidding round, according to companies and experts in the sector. Time is running out for the Ministry of Electricity and Energy to launch the round by the end of the year, having initially planned to […]
Shan State Lawmakers to Discuss Draft Inle Lake Conservation Law
YANGON—The Shan State Parliament will soon discuss a draft law that will allow the participation of local residents in the conservation of Inle Lake, one of the most prominent landmarks in Shan State. The draft law proposes the formation of a lake governing body that will include four representatives from civil society organizations (CSOs) and […]
Companies Act update coming in May, say experts
A Draft of the new Myanmar Companies Act, which would ease old bureaucratic processes currently slowing business, is on track to be submitted to parliament in May, experts said. After MPs and members of the international community suggested last May that it was time to revise or replace the now-100-year-old former Burma Companies Act 1914, […]
Draft telecoms law to ease import scheme
The draft telecommunications bill that will soon be presented to the lower house will include a provision allowing the free import of communication devices exempt from Myanmar’s standard licensing scheme, Myanmar Computer Federation executive committee member Zaw Min Oo today told Mizzima. Under the current telecoms law, importing telecoms devices and equipment required an import license […]