Myanmar Economy Needs ‘Predictable Policy,’ New Reform Leader Urges

NAYPYITAW — “Winston” Set Aung, Myanmar’s newly-appointed deputy minister for national planning and finance, has urged fellow government leaders to pursue further regulatory and policy reforms for the economic development of Myanmar during a panel session at the Myanmar Democratic Transition Forum. “It is required to establish predictable and stable policy with clear and simple […]

Contracts of Foreign Investors at Inactive SEZs to be Reviewed

​​ Myanmar should establish new special econom­ic zones and contracts with foreign investors at inactive SEZs should be reviewed, the commerce minister has said. Dr Than Myint, chair­man of the SEZ Central Working Committee and Union Minister of the Ministry of Commerce, was speaking at a meeting with union ministers. “SEZs are one of the […]

Myanmar ripe for investment

Like many other Southeast Asian countries, Myanmar has much to offer in terms of natural resources and opportunities for growth and development. However, it has one major advantage over other Southeast Asian countries in that its burgeoning economy is ripe for major foreign investment. The lack of proper infrastructure and lagging development is akin to […]