New investment law unlikely to be enacted this year

Parties involved in the drafting of the new investment law are willing to thoroughly review legal content, even though the process may delay the enactment to next year. Until March 26, the opinions of civil society organisations, local and foreign investors are being sought for the consolidation of two investment laws – Myanmar Citizens Investment […]

Myanmar ripe for investment

Like many other Southeast Asian countries, Myanmar has much to offer in terms of natural resources and opportunities for growth and development. However, it has one major advantage over other Southeast Asian countries in that its burgeoning economy is ripe for major foreign investment. The lack of proper infrastructure and lagging development is akin to […]

Hong Kong third-biggest investor in Myanmar

Mainland China is the biggest investor in Myanmar, with US$14.19 billion of cumulative investments, while Hong Kong ranks third with US$6.39 billion, PricewaterhouseCoopers revealed yesterday. Thailand was the second-biggest investor in its southeast Asian neighbour, with a cumulative investment of US$9.98 billion, said Jasmine Aung, Myanmar director at PwC. The Myanmese government was preparing to […]

Myanmar to preserve buildings of the British Raj

A flurry of interest in preserving Myanmar’s colonial-era architecture has won the support of the government, highlighting both the lure of foreign investment and a readiness to reconnect with its past. Before it was subjected to more than 40 years of military rule, Yangon was a cosmopolitan port city and one of the great trading […]

Bangladeshi expert granted permit to set up first commodity exchange in Myanmar

Myanmar government has invited a Bangladeshi expert to set up the first commodity exchange in Myanmar. According to a letter, the Directorate of Investment and Company Administration under the Ministry of National Planning and Economic Development of the Government of Myanmar has granted a permit to launch Myanmar International Commodity Exchange Limited, an initiative by […]

Myanmar Company Registration

For foreign investors who are registering a company in Myanmar they have an option of registering with Foreign Investment Law (FIL) benefits or without FIL benefits. For capital intensive industry such as export-oriented manufacturing where it is normal to invest US$2 million and above on a factory – it makes sense to register under the […]

Myanmar Foreign Investment Law

As a foreign investor it is important that you understand the objectives of the Foreign Investment Law – as we want to invest responsibly, by focusing our investment into areas that are profitable for us and at the same time is beneficial to the Myanmar people. The foreign investment law outlines what are the long […]

Video: Myanmar Company Incorporation – What you need to know

Learn about the Foreign Investment Law and how it benefits capital intensive industry that incorporate in Myanmar under the new law. This is the 2nd in a 2-part video series on Investing in Myanmar. This video outlines the Myanmar Foreign Investment Law (FIL) and the role of the Myanmar Investment Commission (MIC). It highlight the […]