Myanmar has taken pains to liberalise its economy and draw foreign investors to become more competitive. Over the past two years, it has rolled out major new legislation including the Condominium Law, Investment Law and Companies Law. This year, it released two new directives opening up the education and retail sectors to full foreign ownership, […]
AMCC – Joint Chamber Business Networking Event on 13 July 2017 at Rose Garden
A-MCC and CCIFM proudly presents a Joint Chambers Business Networking event in celebration of receiving the 2017 Small Chamber of the Year in the Asia-Pacific region as part of the APAC 2017 International Chambers of Commerce awards. “APAC International Chambers of Commerce awards is an excellent opportunity for chambers of commerce in Asia Pacific to […]
The Clock is Ticking for Myanmar Government to Show Real Progress
Myanmar is not the only country in ASEAN which attracts foreign direct investments (FDIs), Simon Tay, chair of Singapore Institute of International Affairs (SIIA), said during the sideline interview of the 2nd ASEAN-Myanmar Forum held in the commercial capital yesterday. He added that the critical thing is to see some real progress in the next […]
Chambers of Commerce to suggest economic development in seven sectors
To effectuate the development of local businesses, the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) will give guidance on the needs in seven different sectors — agriculture, construction, energy, manufacturing, tourism, technology and finance, said U Zaw Min Win, the chairman of UMFCCI. The UMFCCI will submit an assessment report in […]
Singaporean businesspeople tend to boost trade, investment in Myanmar
SINGAPOREAN businesspeople are showing an increased interest in making investments in Myanmar. Singapore has invested a total of US$13,286.354 million, according to U Zaw Min Win, Vice President of the Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry. “Singaporean firms tend to invest more here.” said the UMFCCI Vice President, […]