Myanmar woos investments in infrastructure, transport and energy

With the recent enactment of the investment law and lifting of sanctions, Myanmar has become friendlier to foreign investment, particularly in infrastructure, transport and energy, according to its state investment agency. The Myanmar Investment Law was passed on Oct. 18 by combining the country’s foreign investment law and citizen investment law, providing income tax exemptions […]

Promising Future to Improve Australia’s Interest in Myanmar: Chamber

​​ Although Australia’s investment in Myanmar is less than US$130 million, the country has many rooms for improvement to receive the influx of Australian investors thanks to its promising future, said Jodi Weedon, chief executive of Australian-Myanmar Chamber of Commerce Weedon said in a recent interview that Myanmar’s recent political and economic reforms led the […]

Japanese firm to invest in Myanmar agribusiness

Japan-based Megumi No Sato will join hands with Myanmar’s City Mart Holding Company, to produce and sell vegetables and fruits, according to a company announcement. Megumi No Sato is a popular company back in Japan and is part of the G-7 Group which specialises in selling quality vegetables from select farmers. The Myanmar Investment Commission […]