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MIC pushes through dozens of investment approvals

The commission, which answers directly to the President’s Office, meets several times a month to approve foreign, joint-venture and local investments. According to MIC information dating back to January 2015, the average number of investments approved at each meeting is just under 10. No more than 20 projects have been approved at any previous meeting. […]

MPs lead charge as critics slam city plan

White elephant, visionary development or dodgy business deal? The Yangon Region government’s proposal for a massive city expansion project with a mysterious public company linked to Chinese interests has sparked intense debate, with pressure growing on the authorities to disclose further details of their plan. The expansion project covers 30,000 acres to the west of […]