Myanmar needs to modernise small farms to rev up sluggish sector

The London-based Oxford Business Group (OBG) said the modernisation of the small farm production “will require investment, policy reform and harmonisation between the government, the private sector and the civil society.” The think-tank also underscored the need to focus more in educating the farmers as well as in research and development. “According to the Ministry […]

Smaller foreign companies face restrictions on leases

Smaller-scale foreign businesspeople are having difficulty securing long-term leases, which is hampering foreign investment, businesspeople say. Foreign businesspeople investing large amounts in sectors like manufacturing usually apply for permits through the Myanmar Investment Commission and can receive leases lasting up to 50 years, with the possibility of extensions. Investment that does not require MIC approval […]

Challenges and opportunities in Myanmar

As Myanmar steps back onto the world stage with renewed vigour, living in the country during these exciting times is like being in a live-action movie. Every day brings new challenges, new developments and new opportunities. But underneath the glitz and glamour of visits from heads of state, hosting the SEA Games, and openings of […]