Myanmar’s Second Investment Policy Review Urges Further Liberalization

YANGON—Myanmar has published its second investment policy review (IPR), which identifies needed policy reforms—ranging from enhancing responsible investment, establishing special economic zones (SEZs) and strengthening the implementation of environmental impact assessments to fostering secure and well-defined land rights—with the aim of attracting more foreign investment to the country. Supported by the France-based Organization for Economic […]

Mitsubishi to sell brand new cars in installment

Mitsubishi will offer one to five year installment plan for Mandalay residents to purchase its 2016 brand new cars through a link with Yoma Bank, said Ko Soe Htut Aung, marketing executive from Mitsubishi Motors Cars Myanmar Limited. Mitsubishi Car showroom was opened in Mandalay in the second week of November to introduce its brand […]

Applications for public flats invited

Yangon regional government has announced people can apply for public rental apartments in South Dagon Township from Monday until February 15. An official said: “People need to get the forms at their township general administration offices. The rent will be Ks30,000 per month.” About 1,200 homes are planned with applicants picked at random if demand […]