Another wait for mine bill

Approval of the Mining Amendment Bill has been delayed again as hluttaw members dispute whether or not some of its provisions are constitutional. The main focus of the current disagreement is whether to grant licences to mining companies for 15 years or 25 years. The bill is an attempt to update legislation that many see […]

Myanmar to grant licences to foreign banks by September

Myanmar’s central bank has said it plans to grant licences to foreign banks by September as it seeks to boost the flow of money to local businesses in the once tightly controlled economy. NAY PYI TAW, Myanmar: Myanmar’s central bank has said it plans to grant licences to foreign banks by September as it seeks […]