MIC permits 48 projects in one sitting

The Myanmar Investment Commission (MIC) approved 48 projects at its meeting on March 25. The MIC’s decisions have been criticised as some of the approved projects belong to companies related to two of former President Thein Sein’s economic advisors—Khin Maung Aye and Ko Ko Gyi. Furthermore, some companies had up to five projects approved that […]

Myanma’s Diamond Star Company to run Thilawa Port

Myanmar’s Diamond Star Co has been permitted to operate an international jetty and commodity production through a build-operate-transfer system on the 61 acres of land at the Thilawa port, according to Myanmar Investment Commission (MIC). The MIC gave the firm permission to run a jetty and land development work, and the production of chemical fertilisers, […]