The most senior Japanese business leader in Myanmar urged the government to recognise how liberalisation, efficient bureaucracy and reliable power supply allowed Thilawa Special Economic Zone (SEZ) to attract considerable investments. He also warned that current restrictions placed on foreign firms in the retail and wholesale sector are already “the maximum” but commended the ministry’s […]
Corporate Japan urges Myanmar to address business concerns
December 10, 2018 by Thiha
Filed Under: Latest News Tagged With: Aeon, competition, DICA, FDI, FDIs, foreign competition, Foreign Direct Investment, Foreign Exchange, foreign investments, infrastructure, Japan Chamber of Commerce and Industry in Myanmar, japanese, Japanese insurance, Japanese overseas development, JCCM, mandalay, MRA, Myanmar, Myanmar Retailers Association, Myanmar Times, new Companies Law, one-stop service centre, Power Supply, protectionism, retail, retail and wholesale, Sector, SEZ, State Counsellor, Thilawa SEZ, Thilawa Special Economic Zone, Water Supply, wholesale, wholesale and retail, Yangon
Four retail-wholesale JVs permitted to operate
November 2, 2018 by Thiha
Six months after allowing foreign investors to register and participate in the domestic retail and wholesale sector in May, the Ministry of Commerce (MOC) has so far permitted four joint ventures between foreign and local investors Under notification 25/2018 issued on May 9, the MOC allowed 100 percent foreign-owned businesses to operate in the retail […]
Filed Under: Latest News Tagged With: AEON Orange Co Ltd, City Mart Holding Co Ltd, CMCG, Creation Myanmar Group of Companies, foreign investors, Hypermart Asia Co, IFC, International Finance Corporation, joint ventures, Metro AG, Metro Wholesale Myanmar Ltd, Ministry of Commerce, MOC, Myanmar Retailers Association, MYCARE Unicharm Co Ltd, retail and wholesale, SOP, standard operating procedures, Yoma Strategic Holdings
