DICA

Directorate of Investment and Company Administration

CEO Conference 2018 on the economy held in Yangon

The CEO Conference 2018 on the economy was held in Yangon at the Novotel Yangon Max on May 11. The CEO Conference 2018 was a forum of senior Myanmar government officials, eminent persons in their fields, top CEOs and business people. The CEO Conference 2018 was attended by Deputy Minister of Planning and Finance Ministry […]

Property market to remain cool for now

Property market will continue to remain cool in the short run though it may become active beyond 2018, said Nay Min Thu, managing director of iMyanmarHouse.com, a local property website. “Dwindling property market may revive if there is a massive inflow of foreign investments into the market later in the year,” he added. There will […]

Investment Application Guidebook to be launched

The Investment Application Guidebook, which provide easier access to valuable information on investment application procedures will be launched at the Yangon Investment Forum developed by the DICA with technical assistance provided by the German Cooperation through Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH GIZ (commissioned by the German Federal Ministry for Economic Cooperation and Development), according […]

Myanmar region woos French FDI

Myanmar’s underdeveloped Tanintharyi region bordering Kanchanaburi province plans to attract European investment mainly from French companies in the months to come, according to Phyo Win Tun, planning and finance minister of the Tanintharyi region government. “At the regional government, we frequently receive business delegations from Europe, including France, Italy, Czech as well as from other […]

Casinos may be allowed to operate after gambling law amendment

Casinos will be allowed to operate in Myanmar after amendments are made to the Gambling Law by the Ministry of Home Affairs (MHA), is enacted, said U Aung Naing Oo, director general of the Directorate of Investment and Company Administration (DICA) this week. This comes after five regional and state chief ministers from Mandalay, Tanintharyi, […]

Yangon Investment Forum – 9 May 2018 Novotel Yangon Max

Yangon Investment Forum 2018 is organized by the Yangon Region Investment Committee (YRIC) and the Department of Investment and Company Administration (DICA), with the Myanmar Investors Development Association (MIDA) acting as the Main Sponsor, alongside GIZ, UMFCCI, PwC and Hotel Max as supporting organizations. The theme of the Forum is “Yangon Region: Investment Hub in […]

International partnerships drive transparency among Myanmar companies

Good corporate governance is what attracts investors, such as International Financial Corporation (IFC), for companies, according to the findings revealed by the latest transparency report. The report also points to the very poor disclosure record and absence of corporate governance by companies which are registered at Directorate of Investment and Company Administration (DICA) as “public” […]

Thai investors buoyed by CLMV investment climate

Following the strong economic growth in Asean, especially in CLMV countries (Cambodia, Laos, Vietnam, and Myanmar), Thai investors have expanded their regional investment by focusing on alternative energy, food and agriculture processing, tourism, and service business. According to a report by the Bank of Thailand, as of September 30, 2017 Thai investors showed outstanding direct […]

Regional investment commission approves first Kachin project

The Kachin State Investment Commission has approved one investment involving K1,688 million since its office was opened last July. The commission is currently examining two investment applications, U Tun Kyaw Kyaw, deputy director from at the Directorate of Investment and Company Administration (DICA), explained. The approved investment is in the agriculture sector and relates to […]

Govt Greenlights Electricity Joint Ventures in Mon State, Bago Region

YANGON — The Myanmar Investment Commission (MIC) has granted permission to two joint ventures involving foreign partners to supply power to areas not connected to the national grid. “One is for households in Ye Township, and the other is for the developer of an industrial zone in Bago,” said U Than Aung Kyaw, deputy director-general […]