MIC Working to Avoid Line Ministry Approval for Investments

The Myanmar Investment Commission (MIC) is working on guidelines that would allow foreign investors to avoid the time-consuming process of asking government ministries for permission under the new Myanmar Investment Law. Receiving a green light from line ministries is already a “big barrier” for investors in Myanmar, whereas dealing directly with MIC takes much less […]

Myanmar to host 2014 ASEAN Business and Investment Summit

YANGON, May 2 — Myanmar will host 2014 Asean Business and Investment Summit (BIS) in Nay Pyi Taw in November, according to Vice-President of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) U Wai Phyo today. U Wai Pyo who is also a member of Asean Business Advisory Council (BAC) said […]