THOUGH MYANMAR is one of the lowest-ranked economies in Asia Pacific region according to the World Bank’s recent report on doing business, the nation maintains its optimism over the inflow of foreign direct investment next year, according to Aung Naing Oo, director-general of the Directorate of Investment and Company Administration and secretary of Myanmar Investment […]
Permission Needed for Foreign Investment in Mining Sector
May 13, 2017 by
The government has made no obstacle for foreign investments in the mining sector in Myanmar, but permission is needed from the Ministry of Mining if one desires to do business in that sector according to Myanmar Investment Commission (MIC). “We allow foreign investments in the mining sector, but we don’t give any subsidies in that […]
Chinese investors explore Myanmar market with caution
November 14, 2016 by
The delegation, organized by China’s Council for Promoting South-South Cooperation, is made up of representatives from 22 companies engaged in businesses such as infrastructure construction, banking, and hydro-power equipment manufacturing. Wang Xuefei with the Zhejiang Communications Construction Group is among the 30 plus business people of the delegation. “We don’t have any projects under construction […]
