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Philanthropy not legally required for investors: DICA

The government does not oblige the private sector to make philanthropic donations when doing business in Myanmar, a senior official has clarified. U Thant Sin Lwin, head of the Directorate of Investment and Company Administration (DICA), said that neither the Investment Law nor the Myanmar Investment Commission requires investors – foreign or local – to […]

Rich and poor donate gold for next life

The 41-year-old car accessories salesman, who runs a modest business in the city’s Mayangone township, has for the past 15 years religiously allocated a share of his daily profit to the tin. “I never forget to save money for donation,” he says, pointing to the box on an altar beside a small statue of the […]