Pyin Oo Lwin residents to protest mining rules

Residents from five townships in Mandalay’s Pyin Oo Lwin district plan to hold a protest against the Myanmar Mine Rules, which they consider weak and not beneficial to the government. The rules, which were drawn up by the Amyotha Hluttaw Bill Committee, do not include clear punishment of those who violate the rules, and the […]

Draft Companies Law designed to remove obstacles for foreign investment

A new Myanmar Companies Law currently being drafted by legislators will remove cumbersome restrictions and make foreign investment easier, said Dr Myat Nyana Soe, the secretary of Amyotha Hluttaw Bill Committee. “The draft law was approved by Amyotha Hluttaw and the amendments made by Aymotha Hluttaw and Bill Committee are already submitted to Pyithu Hluttaw. […]