Govt’s Foreign Investment Policy to be Released this Month

RANGOON – Foreign investment policy will be announced this month after President Htin Kyaw passes a revamped Myanmar Investment Law, according to secretary of the Myanmar Investment Commission (MIC) U Aung Naing Oo. Burma’s business community has been growing impatient waiting for details of foreign investment policy after criticizing the government’s 12-part overall economic policy […]

Foreign and domestic investors play by same rules: DICA

Burma’s Directorate of Investment and Company Administration (DICA) plans to reform the country’s current investment laws to conform to regional norms, according to DICA director Aung Naing Oo. In light of the passage of a new Foreign Investment Law in 2012, Burma now has two separate laws to govern foreign and domestic enterprises, which is […]