Myanmar’s national electrification process is still on hold one year after the new administration took office. The replacement of the Minister of Energy in early August showed the priority given to energy, but the government still has much to do. Myanmar will have to decide on how to solve its chronic power shortage. There are […]
Economic forum predicts more foreign investment in 2015-16
September 21, 2015 by
The energy sector will help fuel foreign investment in Myanmar during the 2015-16 fiscal year. That was the main message to come out of the Myanmar Global Investment Forum held in Nay Pyi Taw 15-16 September attended by over 800 local business people and foreign experts. For the last three years, Myanmar’s political and business […]
MIC talks projects with senior monks
May 25, 2015 by
Government officials met with Shwedagon Pagoda’s Senior Sayardaw Committee last week to discuss several nearby construction projects, a member of Shwedagon Pagoda’s trustee committee U Win Kyai told The Myanmar Times. The chair of the Myanmar Investment Commission and Minister of Energy U Zay Yar Aung, the Minister of Religious Affairs U Soe Win and […]
Myanmar investment outreach forum to be organized in New York
September 16, 2014 by
YANGON, Sept. 14 (Xinhua) — A first ever Myanmar investment outreach forum, involving Myanmar senior government officials and many Myanmar and foreign leading businessmen, will take place in New York on Sept. 24, aimed at promoting international investment in the Southeast Asian country, the forum organizer told a press conference here Sunday. Under the title […]
Minister of Energy to chair investment commission
June 2, 2014 by
Minister for Energy Zayyar Aung, who has a close relationship with President Thein Sein, has been appointed as chairperson of the influential Myanmar Investment Commission (MIC). In a new reshuffle, a number of top ministers and government officials, including Htay Aung (Hotels and Tourism), Win Tun (Environment and Forestry) and Tun Shin (Attorney General), were […]
Myanmar reforms investment commission to boost foreign investment
May 30, 2014 by
Myanmar has reformed its investment commission as part of its efforts to draw more foreign investment into the country, local media reported Thursday. A 13-member Myanmar Investment Commission (MIC) was re- established with Minister of Energy U Zayar Aung as chairman, replacing U Win Shein, minister of Finance, said the 7- Day Daily. Minister of […]
