RANGOON — Despite lingering infrastructure problems such as the country’s poor roads and patchy power supply, Burma’s government wants foreign businesses to be less cagey about investing in the much-touted frontier economy. Aung Tun Thet, an economics advisor to President Thein Sein, implored would-be investors on Monday to “please take a risk, please take the […]
Investment Commission Could Have Wings Clipped
October 24, 2013 by
The Myanmar Investment Commission (MIC), the body that vets would-be foreign investors into Burma, could have its discretionary powers curbed as part of a review of investment policy being undertaken by the Burma government and the Organization for Economic Co-operation and Development (OECD). Dr Khin San Yee, Burma’s Deputy Minister of National Planning and Economic […]
