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Month: October 2018

Agriculture Myanmar coffee

Sawbwa coffee in Shan State: from poppy to coffee

Coffee, one of the world’s most consumed beverages, is most commonly associated with South America and Africa. But that is slowly and surely changing. Long grown in Shan State, Myanmar’s beans are slowly gaining recognition among the worldwide coffee community, even winning prizes in international competitions. Arabica beans, the strand which is grown by most …

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investment foreign investor myanmar

Investment figures reveal growing diversity in sources and sectors

“Probably the best thing the government could do now, especially against the broad international outlook, is to make sure domestic rules and regulations were as lean and accommodative as possible.” – Mr. Sean Turnell, Director of Research, Myanmar Development Institute. Between 2017 and 2018, Myanmar Investment Commission approved Chinese investments which added up to a …

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investment investing investors myanmar

The key changes for investors in the new MIC regime

The Myanmar Investment Law 2016 (MIL) and Myanmar Investment Rules 2017 (MIR) are key legislations both Myanmar businesses and foreign investors must understand. The MIL and MIR affect incentives like tax incentives, long leases, and investment guarantees and determine the need for a MIC permit or endorsement. Learn more about Myanmar’s current investment laws here.

Aung San Suu Kyi Myanmar Japan investment

State Counsellor encourages Japanese investment in Myanmar

At the Myanmar Investment Conference in October 2018, State Counsellor H.E. Daw Aung San Suu Kyi called on Japanese investors to discover investment opportunities Myanmar has to offer. Japan has been a key development player in projects for financial sector development, railway, road and energy, and this looks to continue after recent visa regulations, which …

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Myanmar retail wholesale sector

Myanmar allows full foreign ownership in retail and wholesale

In early 2018, the Ministry of Commerce in Myanmar announced that processes for foreign companies which invest in Myanmar’s retailers and wholesaler will be streamlined. As as the country moves its efforts towards increasing foreign investments, steps such as this will be taken to facilitate easier, hassle-free trade for foreign investors. Foreign companies can now …

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Myanmar agriculture startups sustainable development

The Myanmar Sustainable Development Plan: explained

In August, the Ministry of Planning and Finance published the Myanmar Sustainable Development Plan (2018-2030). The government’s master plan for the development of the country provides a framework for coordination and cooperation across all ministries, states and regions. The 66-page document, which incorporates existing and draft plans and policies, sets out three pillars, five goals, …

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power investment Myanmar

Myanmar Gets First Foreign Investments for Power Projects in Fiscal Year Transition

According to the Directorate of Investment and Company Administration, Myanmar received its first foreign investment in the power supply sector. Construction of the new 145-megawatt plant is set to begin in 2019. This gas-fired plant will be built in Singaing Township in a joint venture between China’s Power Gen Kyaukse and two Myanmar companies. The …

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