Foreign ownership provisions in draft condominium law questioned

Foreigners’s ability to own condos has emerged as one of the central issue in the debate over the condominium law. The much-anticipated condo law has been a work in progress for years, with the most recent draft submitted to parliament in June. The draft is set to be discussed again by the Amyotha and Pyithu […]

Myanmar Carlsberg company prepares to start operation

BAGO – Myanmar Carlsberg company is preparing to invest in Bago industrial zone, sources say. Myanmar Carlsberg’s Finance and Business Planning Director Mr. Dheeraj Mishra met with Director General of Directorate of Investment and Companies Administration (DICA) Aung Naing Oo on December 18 to discuss about the required rules and regulations to make investment. Myanmar […]

Ooredoo meets with DICA to kickstart operations

Qatar-based Ooredoo is in discussions with local partners and investment authorities to kickstart its mobile operations in Myanmar. Edwin Vanderbruggen, legal advisor to Ooredoo Myanmar, met with Aung Naing Oo, head of the Directorate of Investment and Company Administration (DICA) in Nay Pyi Taw on December 9 to discuss the rules and regulations concerning their […]

Myanmar urges China to invest in Kyauk Phyu SEZ

YANGON – Myanmar urged Chinese investors to invest in the Kyauk Phyu Special Economic Zone (SEZ) during a bilateral trade meeting on Saturday, according to the Directorate of Investment and Company Administration (DICA). Located on the western coast of Myanmar, Kyauk Phyu Project is one of three special economic zones in the country. The other […]