Mines Buried in Paperwork

declaration has been made to gem mining companies in Mogok, warning them to re-register their companies, according to the Myanmar Gem Mining Permission Inspection and Supervisory Committee. There are 150 companies which require permit extensions, the majority of which are locally-owned. These companies which began operating in the past three years were required to re-register […]

Tough to balance rights and check for corporate fraud

A balance must be struck between investigating business proposals thoroughly for fraudulent intentions and also respecting citizen’s constitutionally stated privacy rights, according to deputy minister for national planning and economic development Daw Thein Thein Htay. While fraudulent businesses have scammed local people, the process of registering new companies cannot be too investigative, she said. “There […]