More than 1,000 local and international investors took part in the Yangon Investment Forum 2018 (YIF 2018) in Myanmar’s former capital last week. Organised by the Yangon Region Investment Committee (YRIC) and the Directorate of Investment and Company Administration (DICA), YIF 2018 was designed to showcase Yangon as a leading investment destination in Asia. Yangon […]
Read MoreA SURGE in interest among global players following the liberalisation of Myanmar’s education sector to foreign investors has motivated the authorities to continue opening up the economy in other restricted sectors. Thant Sin Lwin, deputy director general at the Directorate of Investment and Company Administration (DICA), said at a press conference on Tuesday that Myanmar […]
Read MoreForeign businesses and joint ventures are now allowed to carry out businesses in the retail and wholesale sector, according to the latest directive from the commerce ministry. Leading business groups hailed the move as a right step towards attracting inwards investments for Myanmar. The ministry issued the Directive 25/2018 on May 9, authorising 100 percent […]
Read MoreAt the Yangon Investment Forum on Wednesday, Yangon Chief Minister U Phyo Min Thein announced the five sectors his government intends to prioritise and in which Yangon welcomes foreign investments. U Phyo Min Thein said the trade, logistics, industry, public transport and energy sectors would be prioritised, adding that the Yangon deep sea port, development […]
Read MoreThe government is now more than half way through its term and time is running out for it to make good on its promise to double Myanmar’s supply of electricity within the next two years. But the government is not without backup plans to help it achieve its goals, one of which is replacing the […]
Read MoreThe Rakhine State government and Kanyin Chaung Economic Development Company have signed an MOU for the construction of Maung Daw (Kanyin Chaung) Economic Zone, which will be built at Rakhine State border, U Kyaw Aye Thein, Minister for State Planning and Finance, told The Myanmar Times. It was agreed that the state government would hold a […]
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