MIC allows over 100 foreign investment businesses this year

Myanmar Investment Commission (MIC) has granted permission for more than 100 foreign investment businesses in this year, including beer and cigarette makers. For the period of January to December 19, MIC said it granted permission for 118 foreign investment businesses and joint ventures to operate in the country. Some of them included international big names […]

Rexam PLC plans to establish factory in Myanmar

Rexam PLC, one of the world’s top consumer packing companies, is planning to establish a factory in Yangon, according company sources. The company has founded Rexam Ashmore Beverage Can Myanmar Co. Ltd after making a joint venture with UK-based Ashmore Investment Company to operate in Myanmar. The Directorate of Investment and Companies Administration has allowed […]