Next change for new-look MIC? Independence

The Myanmar Investment Commission is to be made independent of the Ministry of National Planning and Economic Development in the near future, the body’s new secretary told The Myanmar Times last week following a reshuffle that saw it expand from 11 to 13 members. “The MIC will become independent like the Central Bank. But we […]

Myanmar reforms investment commission to boost foreign investment

Myanmar has reformed its investment commission as part of its efforts to draw more foreign investment into the country, local media reported Thursday. A 13-member Myanmar Investment Commission (MIC) was re- established with Minister of Energy U Zayar Aung as chairman, replacing U Win Shein, minister of Finance, said the 7- Day Daily. Minister of […]