Permitted investments, local and foreign, on the increase

They were commenting on the announcement by the Directorate of Investment and Companies Administration (DICA) that Myanmar Investment Commission (MIC) had permitted 204 local and overseas investments in the first six months of the current financial year. MIC handed out 27 permits in September alone. The 204 permits granted so far this year represent a […]

Mitsubishi & Nippon Koei eye to invest in Myanmar

The Japan-based Mitsubishi Materials Corporation and Nippon Koei companies are discussing plans to invest in Myanmar according to official reports. Executives from the two companies were meeting officials from Myanmar’s Directorate of Investment and Companies Administration (DICA) who reported discussing matters relating to the rules and regulations of foreign investment. Mitsubishi Materials Corporation is manufacturing […]