Foreign Investment in Agriculture Rests on Policy Support, Innovation, Says Dentons

Myanmar’s agri­cultural sector is ‘very close’ to seeing an uptick in for­eign investment but only if the government contin­ues providing policy sup­port and if investors are willing to ‘innovate’, ac­cording to the Myanmar resident partner of the world’s largest law firm. After decades of neglect, Myanmar’s largest indus­try lags well behind that of regional neighbours […]

Myanmar boosts incentives for infra development, labour-intensive projects

THE MYANMAR Investment Commission, a government body to facilitate both foreign and local investment, has planned plans to provide more incentives for investors in the two areas that are crucial to the country’s growth, labour-intensive industries and infrastructure development, a senior official said. According to Aung Naing Oo, secretary of Myanmar Investment Commission and director […]

Incentives to be built in to investment law

The combined investment law will have built-in incentives for priority areas and sectors, according to U Aung Naing Oo, director general of the Directorate of Investment and Company Adminstration. Myanmar previously had two separate investment laws, the Foreign Investment Law and the Myanmar Citizens Investment Law. Yet experts have recommended combining the two, and Myanmar […]

Upgrades needed if Nay Pyi Taw is to develop as a tourism destination

The Ministry of Hotels and Tourism has announced a number of moves designed to promote Nay Pyi Taw as a tourist destination, but industry insiders say there is a ways to go before the capital attracting many holidaymakers. Initiatives are targeted at promoting the capital as a destination for MICE – Meetings, Incentives, Conferences and […]