Finance U Kyaw Win

Delayed Permitted Businesses to Receive Govt Assistance

January 13, 2018 by thiha

Almost 600 firms have experienced delays getting their businesses off the ground since 1988 despite having received permits from the Myanmar Investment Commission (MIC). Of the 2,723 local and foreign businesses permitted to operate in Myanmar between 1988 and 2017, a total of 581 have yet to start. As such, inspections will be conducted and […]

Ministry to Lift Ban on Livestock Export

August 4, 2017 by thiha

The government has signalled its latest measure to boost the country’s agriculture and husbandry industries by offering loans to farms and lifting the ban on livestock export, according to the Ministry of Planning and Finance. At a meeting with Vice President U Myint Swe and businessmen on July 20, Union Minister for the Ministry of […]

Foreign Firms May Be Allowed to Join Myanmar E-Lottery Business

July 25, 2017 by thiha

A stamp-duty amendment and government lottery bills that would open the e-lottery business to all were submitted to Pyidaungsu Hluttaw on July 14. The government lottery has been operating since 1938 under orders and instructions without a proper law, thus a government lottery bill had to be drafted and submitted, Minister for Planning and Finance […]

NAYPYIDAW — Long-awaited detailed economic policies were announced by the government in Naypyidaw today with State Counselor Aung San Suu Kyi pledging a secure business environment for both local and foreign investors. “I would like to invite all business people to work with us,” the state counselor said. “That is why we host this meeting.” […]