Myanmar urged to prioritise long list of reforms

Property rights are not well-established in Myanmar and land confiscation is a major concern among foreign investors, according to a report by US Department of State. In its 2015 Investment Climate report, the government’s limited capacity was highlighted. Myanmar is urged to prioritise its long list of desired reforms, to focus on matters that concern […]

Big Year for Myanmar Economic Reforms

: Myanmar’s parliament reconvened on January 13 with some 30 crucial proposed bills on the table, among them the establishment of a special economic zone law, mining regulations and the revamping of the foreign investment law. One thing was abundantly clear, 2014 is going to be a busy year. The stage for continued economic reform […]

Foreign investors still cautious about Myanmar

Despite strong effort by the Myanmar government to introduce reforms, especially in the business sector, the country still faces a lot of challenges that are keeping foreign investors away, a senior official has admitted. The key challenges faced by the business sector include infrastructure problems such as insufficient power supply, poor roads and logistics, as […]

Myanmar honing investment laws to ensure a level playing field for all, minister says

Myanmar is drafting several laws and regulations to create a more level playing field and more favourable investment climate. Set Aung, deputy minister of national planning and economic development and vice governor of the Myanmar Central Bank, told the recent Myanmar Global Investment Forum in Nay Pyi Daw that the foreign investment law was amended […]

Myanmar Parliament to consider constitution amendment and other bills

The Parliament would discuss a number of bills and a plan to set up a commission to review and study for the amendment of the 2008 Constitution during its regular session on Tuesday (25). During the session Union Assembly (Parliament) representatives will also approve 13 bills, including farmer protection bill. The 12 other bills to […]