Govt Investment Director Confident in Foreign Investment Despite Rakhine Conflict

YANGON — U Aung Naing Oo, director-general of Directorate of Investment and Company Administration under the Ministry of National Planning and Finance, talked to The Irrawaddy reporter Shwe Lay about foreign investment in Myanmar and the government’s plan to promote it. How much investment has Myanmar had over the past year? Which countries are the […]

UK govt promotes Myanmar oil and gas opportunities

The British government has just released a report championing the good opportunities for British companies interested in investing in Myanmar’s oil and gas sector. “Opportunities for British companies in Myanmar’s oil and gas sector” is a 16-page report published January 9 by the UK Trade and Investment department. The report claims Myanmar is “one of […]

London Accused of Hypocrisy While Preaching Myanmar Transparency

The British government has been sharply criticized for hiding behind “commercial confidentiality” rules relating to Myanmar while calling for business transparency in the Southeast Asian nation. The London Foreign and Commonwealth Office has refused all requests for information about British companies’ activities in Myanmar, “using commercial interests and commercial confidentiality as an excuse,” said the […]

Myanmar calls on stake holders to cooperate in census

Myanmar has called for all stake holders to cooperate in taking first nationwide census in three decades in 2014 for working out national development plan. Minister of Immigration and Population U Khin Yi spoke out to the media that the 12-day census taking, using a work force of 120, 000, will be carried out from […]