Incentives to be built in to investment law

The combined investment law will have built-in incentives for priority areas and sectors, according to U Aung Naing Oo, director general of the Directorate of Investment and Company Adminstration. Myanmar previously had two separate investment laws, the Foreign Investment Law and the Myanmar Citizens Investment Law. Yet experts have recommended combining the two, and Myanmar […]

Upgrades needed if Nay Pyi Taw is to develop as a tourism destination

The Ministry of Hotels and Tourism has announced a number of moves designed to promote Nay Pyi Taw as a tourist destination, but industry insiders say there is a ways to go before the capital attracting many holidaymakers. Initiatives are targeted at promoting the capital as a destination for MICE – Meetings, Incentives, Conferences and […]