Myanmar’s FDI on target despite Rakhine situation

NAYPYITAW — In a bright, well-carpeted conference hall in Naypyitaw — Myanmar’s sprawling capital built by the former military government — more than 1,000 investors and business executives gathered earlier this week for the annual Euromoney Myanmar Global Investment Forum. The opening remarks on Sept. 12 by speakers including government officials and foreign and local […]

DICA Advocates for Investment in Conflict Zones

By the end of the month, the Myan­mar Investment Commission will open a branch office in Sittwe to “provide a solution to re­gional conflict,” U Than Aung Kyaw, Deputy Di­rector General of Direc­torate of Investment and Company Administration (DICA) told Myanmar Business Today. Both the Union and State governments have expressed their desire to achieve […]

Hackers target govt websites in cyber spillover from Arakan crisis

Hackers targeted several government websites this week, according to state media, apparently in retaliation for Burma’s treatment of the country’s Muslim minority, as international attention on the plight of the Rohingya in northern Arakan State intensifies. The Burmese-language state-run daily Kyemon reported on Tuesday that six government websites had been hacked in a “defacement attack,” […]