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Myanmar allows up to 80% of foreign investment in agriculture sector

Foreign businesses have been allowed to invest up to 80 percent in Myanmar’s agriculture sector instead of 49 percent, according to Myanmar Investment Commission (MIC). “Previously, the agriculture sector seemed to protect local businesses. At that time, a foreigner was allowed to invest 40 percent while a national had the chance to invest 51 percent. […]

Japan shows little interest in investing agriculture sector

Japanese businesspeople have not shown much interest in investing Myanmar’s agriculture sector, according to a statement made on the sidelines of the 13th Joint Meeting of the Myanmar-Japan CCI Business Cooperation Committee. “The Myanmar-Japan cooperation committee has held its 13th meeting,” Dr Soe Tun, vice president of Myanmar Rice Federation, told the reporters. “However, Japan […]