The Myanmar Investment Commission (MIC) has been reorganised with three new members, according to a news release by the Directorate of Investment and Company Administration (DICA) on June 14. The MIC is a government-appointed body which is responsible for verifying and approving investment proposals and regularly issues notifications about sector-specific developments. The previous appointments to […]
Foreign Investment in Agriculture Rests on Policy Support, Innovation, Says Dentons
June 15, 2017 by
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 […]
Time to Fix the Economy With Action, Not Words
April 26, 2017 by
Economists and business owners, while acknowledging and applauding the measures put into achieving peace and stability, say the National League for Democracy-led government has largely ignored the economy during its first year in power. Some experts and entrepreneurs told The Myanmar Times that the government needs to focus on ways and means of stimulating economic growth and […]
New investment law unlikely to be enacted this year
March 24, 2015 by
Parties involved in the drafting of the new investment law are willing to thoroughly review legal content, even though the process may delay the enactment to next year. Until March 26, the opinions of civil society organisations, local and foreign investors are being sought for the consolidation of two investment laws – Myanmar Citizens Investment […]
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