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Invitation to Kayah Investment Forum, 26 May 2018 at Loikaw

Background: Kayah State has vast and diversified land that enables various types of agriculture, tourism and other industries. The estimates population in 2017 was approximately 291,778. Kayah State is divided into 2 districts (Loikaw and Bawlake) which are divided into 7 townships with 106 wards and villages.. Kayah State is located in north latitude 18 […]

Mandalay chamber to focus on SME loan and Chinese investment

U Kyaw Min, newly elected chair of the Mandalay Region Chamber of Commerce and Industry (MRCCI), sees big potential for the region to draw Chinese investments and tap local talent for growth and development. Mandalay is Myanmar’s second largest city and often hailed as the country’s northern economic powerhouse. “We have drawn up a one-year […]

Myanmar Investment Commission approves 31 foreign and local investments

The Myanmar Investment Commission (MIC) has approved a total of 31 foreign and local investments in Myanmar in October and November, according to U Aung Naing Oo, the Director-General of the Directorate of Investment & Company Administration (DICA), quoted in state media. The MIC gave the green light to 24 foreign direct investments (FDIs) worth […]

Increased investment and trade for Myanmar

U Aung Naing Oo, the Director General of the Directorate of Investment and Company Administration (DICA), said the Myanmar Investment Commission (MIC) has approved 26 domestic and foreign companies to conduct investment in Myanmar. Nineteen of the approved companies are foreign businesses. They include 12 companies from the industrial sector, 1 company from the livestock […]

US$2,541million invested in hotel and tourism sector

A total of 65 foreign investment projects have been permitted to invest US$2,541.091million in the hotel and tourism sector in a three-month period, according to the statistics of the Directorate of Investment and Company Administration (DICA). These 65 foreign investment projects were granted permission between the end of August and the end of October, with […]

Singapore the top investor in Myanmar hotels and tourism sector

Singapore has become the top investor in Myanmar’s hotels and tourism sector, with a total investment of more than US$ 880 million (Ks 847.44 billion), according to the Myanmar Infrastructure Summit held on Tuesday (March 18). “Nay Pyi Taw, Mandalay, Bagan and Inlay regions have seen a massive influx of tourists after Yangon,” said Hlaing […]