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Us businesses eye expanded Myanmar investment

As Myanmar’s government is making efforts to revive the economy through foreign investment, US companies say they are keen to expand their involvement, according to a leading trade body. The US-Asean Business Council in Yangon met on Monday and included representatives of 12 US companies and the Union of Myanmar Federation of Chambers of Commerce […]

Draft Companies Law designed to remove obstacles for foreign investment

A new Myanmar Companies Law currently being drafted by legislators will remove cumbersome restrictions and make foreign investment easier, said Dr Myat Nyana Soe, the secretary of Amyotha Hluttaw Bill Committee. “The draft law was approved by Amyotha Hluttaw and the amendments made by Aymotha Hluttaw and Bill Committee are already submitted to Pyithu Hluttaw. […]

Myanmar a letdown for US Companies

Buzz Over Post-Sanctions Myanmar Fades for Many U.S. Investors Initial rush for opportunities turns to disenchantment as political changes lag behind YANGON, Myanmar- Many people thought this would become one of the hottest new markets for American capital a few years ago, when the country began opening to the West after decades of military rule. […]