fbpx

Foreign investor interest in Myanmar education, retail sectors on the rise: DICA

Myanmar’s recently liberalised education and retail sectors has drawn interest from foreign investors. Education service providers from Singapore, Australia and New Zealand have shown substantial interest to invest in Myanmar’s education sector, said U Than Aung Kyaw, Deputy Director General at the Directorate of Investment and Company Administration (DICA). Since the Myanmar Investment Commission (MIC) […]

Is country ready for full foreign investment in education?

According to the Directorate of Investment and Company Administration, Singapore, New Zealand, and Australia are interested in investing in Myanmar’s education, with Singapore having conveyed the most willingness. The Myanmar Investment Commission (MIC) has allowed foreigners to make full capital investment in Myanmar, according to notification 7/2018 issued by the MIC on April 20. Thus, […]

Myanmar permits full foreign capital investments in education sector

The Myanmar Investment Commission (MIC) has permitted foreigners to make full capital investments in private schools in Myanmar, according to Notification 7/2018 issued by the MIC on April 20. This means foreigners will now be able to fully own and operate private schools teaching a curriculum prescribed by the Ministry of Education (MOE) or an […]

Five Myanmar students win ASEAN scholarship

Five students from Myanmar won the ASEAN scholarship for the 2018 academic year, which provides opportunities for young people from the region to interact with fellow citizens and develop their potential. Students having completed Grade 9 in public basic education schools, monastic schools, private schools or international schools can apply for the scholarship. Scholars are […]

Education Services sector in Myanmar now open to foreign investment

In the list of Promoted Sector that Myanmar’s Department of Investment and Company Administration (DICA) announced on 1st April 2017 under MIC Notification No 13/2017 there is a category for Education Services, which list the following business activities: Private schools Schools which apply international curriculum Technology and vocational institutes Higher education services Sport education services […]

100 private schools applied to operate in Yangon next year

Approximately 100 applications to open private schools in Yangon Regions were submitted in the 2015-2016 academic year, according to the Kyimyintaing Township Basic Education Department in Yangon. An official from the department said: “There are approximately 100 applications to open the private schools in Yangon next year. We will announce the names of the permitted […]