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Address of State Counsellor delivered at ASEAN Business and Investment Summit 2019 in Bangkok

The State Counsellor was present at the ASEAN Business and Investment Summit 2019 in Bangkok to deliver a keynote speech on digitisation and the enabling …

Serge Pun Yoma FMI

Yoma Strategic and First Myanmar Investment forge landmark partnership with Philippines’ leading conglomerate Ayala Corporation

Ayala will be investing up to US$237.5 million for a 20% stake in each of Yoma Strategic and FMI. This landmark partnership is one of …

U Thaung Tun Myanmar business investment

Clearer picture

“But now we’re putting the finishing touches on a comprehensive and innovative approach that will promote a more favourable, friendly and predictable investment enabling environment, …

MIFER Union Minister U Thaung Tun speaks at Singapore Summit 2019

Statement by H.E. U Thaung Tun, Union Minister for MIFER at the Singapore Summit 2019

At the Singapore Summit 2019 held in the Shangri-La Hotel on 21 September, H.E. U Thaung Tun delivered a statement and spoke in a dialogue.

Aung San Suu Kyi delivers a speech in Yangon

Keynote speech delivered by State Counsellor H.E. Daw Aung San Suu Kyi at the Myanmar-Japan-U.S. Forum on Fostering Responsible Investment

On Aug 20, State Counsellor H.E. Daw Aung San Suu Kyi delivered the keynote speech for the Myanmar-Japan-U.S. Forum for Responsible Investment. In her speech, …

Myanmar investment internet CDC

CDC makes its first direct equity investment in Myanmar, backing Frontiir

UK development finance institution CDC announced its first direct equity investment of $30 million in Myanmar with Frontiir Co. Ltd, the country’s leading internet service …

Foreign investment manufacturing

Myanmar investment inflows double from China as deals surge

With investment inflow from China and Singapore doubling, foreign investment in Myanmar is showing signs of recovery. In value terms, Chinese and Hong Kong investment …

Myanmar Economic Monitor June 2019: Building Reform Momentum

“Acceleration of the reform agenda as envisioned in the Myanmar Sustainable Development Plan, along with targeted public investments and private sector participation, will lead to …

Myanmar Yangon Automobile Industry

Toyota to build factory in Myanmar

Seeing the potential in Myanmar’s automobile market, Toyota Motor Corp has plans to establish a factory in the Thilawa Special Economic Zone. The Japanese corporation …

Wholesale Retail Myanmar Foreign Companies

Japanese companies, DKSH enter Myanmar wholesale market

Three Japanese companies have received authorisation to operate 100%-foreign-owned wholesale businesses, while Zurich-based DKSH, a trading house, is permitted to do retail and wholesale activities …

U Aung Naing Oo DICA MIFER investment

U Aung Naing Oo leaves DICA for a new role

Director-General of the Directorate of Investment and Company Administration (DICA) U Aung Naing Oo has been named as Director-General of the Office of the Union …

U Aung Naing Oo DICA

On the Investment Climate and Business Environment in Myanmar – U Aung Naing Oo, Director-General, DICA

On Day Two of the Invest Myanmar Summit 2019, U Aung Naing Oo, Director-General of the Directorate of Investment and Company Administration provided an in-depth …

Myanmar Insurance Investment Foreign Investment

Myanmar opens insurance market to Prudential, Dai-ichi and others

On 5 April, Myanmar’s government issued provisional authorisations for five multinational insurance companies, including U.K.-based Prudential and Japan’s Dai-ichi Life Holdings, to establish wholly owned …

Myanmar Investment Economic Growth Asian Development Bank ADB

Foreign Investment, Policy Reforms to Boost Myanmar’s Growth in 2019 and 2020 — ADB

The Asian Development Bank released a report on 3 April which promised a very optimistic outlook for Myanmar’s economy, due to higher Foreign Direct Investments …

Myanmar investment

Myanmar Looks West

In a recent London forum organised by the Myanmar chapter of the British Chamber of Commerce, Myanmar’s government courted European investors and businesspeople, stressing that …

Opening Remarks by H.E. U Thaung Tun, Union Minister for Investment and Foreign Economic Relations

At the inaugural Chin State Investment and Product Fair, H.E U Thaung Tun, Union Minister, MIFER and Chairman of the Myanmar Investment Commission spoke about …

Chin State Investment Fair

Keynote Speech by H.E. U Myint Swe, Vice President, at Chin State Investment and Product Fair

At the first Chin State Investment and Product Fair, Vice President of the Republic of the Union of Myanmar, H.E. U Myint Swe presented a …

Chin State Investment Fair

Private Investments worth $54M for Chin State

Held over March 16 and 17, the Chin State Investment and Product Fair witnessed the signing of four Memorandums of Understanding (MoUs) valued at a …

Myanmar Investment State Counsellor

The Official Invest Myanmar Summit 2019 Event Gallery

The Invest Myanmar Summit 2019 is Myanmar’s first truly national investment conference, a historic collaboration between national, regional and state governments and Myanmar’s private sector. …

Suukyinomics Myanmar investment

The emergence of Suukyinomics

During her keynote speech, State Counsellor H.E Daw Aung San Suu Kyi stressed the government’s commitment to reforms that will improve the investment and business …

Rakhine Investors

Investors could channel up to US$4.9 billion into Rakhine this year

During both the Invest Myanmar Summit 2019 and the recent Rakhine State Investment Fair, the government has stressed the need for sustainable development in Rakhine …

Rakhine State Investment Fair

Keynote Speech by H.E. Daw Aung San Suu Kyi, State Counsellor at the Rakhine State Investment Fair

On 22 February 2019, State Counsellor H.E. Daw Aung San Suu Kyi was present at the inaugural Rakhine State Investment Fair 2019 to deliver an …

U Thaung Tun Investment Myanmar Rakhine

Keynote Address by H.E. U Thaung Tun, Union Minister for Investment and Foreign Economic Relations at the Rakhine State Investment Fair

On 22 February 2019, H.E. U Thaung Tun, Union Minister of Investment and Foreign Economic Relations, and Chairperson of Myanmar Investment Commission, delivered the keynote …

Rakhine State Investment Fair

“No return on investment was ever made by staying on the sidelines”: First Rakhine Investment Fair successfully launched.

“Every kyat spent by this government, every dollar disbursed by our development partners and every dollar invested by the private sector is a vote of …

Invest Myanmar Summit

A Private Sector Perspective – Attracting Foreign Investments to Myanmar

Myanmar’s recent transition out of five decades of economic and political isolation provides an opportunity for the country to secure much needed investment to build …

U Thaung Tun Investment Myanmar Invest Myanmar Summit

A Conversation with H.E. U Thaung Tun, Union Minister of MIFER, and Chairman of MIC

In its efforts to draw investments into the country, the Myanmar Government recently established a new Ministry of Investment and Foreign Economic Relations, paving the …

MSDP Invest Myanmar Summit

Myanmar 2.0 – Private Sector, the Engine of Economic Growth and Job Creation by U Min Ye Paing Hein, member of NECC

In August 2018, the Ministry of Planning and Finance published the Myanmar Sustainable Development Plan (2018-2030). The government’s master plan for the development of the …

U Set Aung Invest Myanmar Summit 2019

The Myanmar Sustainable Development Plan and the Project Bank by H.E. U Set Aung, Deputy Minister of Planning and Finance

On Day Two of the Invest Myanmar Summit 2019, H.E. U Set Aung, Deputy Minister of Planning and Finance spoke about the Myanmar Sustainable Development …

Invest Myanmar Summit 2019 UMFCCI

Welcome Remarks by U Zaw Min Win, President of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI)

IIn his welcome remarks, U Zaw Min Win, President of UMFCCI said the Invest Myanmar Summit 2019 aimed to “create awareness and elevate the endeavours” …

Aung San Suu Kyi Myanmar
News

“Now is the time to be bold and ambitious” – State Counsellor H.E. Daw Aung San Suu Kyi

The Invest Myanmar Summit 2019 had the honour of having the State Counsellor, H.E. Daw Aung San Suu Kyi deliver an inspirational keynote speech which …

U Thaung Tun Invest Myanmar Summit
News

Myanmar Government Reaffirms Commitment to Improve Business Environment at Inaugural Investment Summit

The inaugural Invest Myanmar Summit 2019 closed recently with the Myanmar government’s commitment to creating a predictable, facilitative and friendly investment environment. The second day …

states and regions Invest Myanmar Summit
News

State Counsellor At Historic Nationwide Private-Public Collaboration Investment Summit: “Invest in our people – in our potential”

The Invest Myanmar Summit 2019 saw an unprecedented turnout of 12 Union Ministers, 10 Regional Chief Ministers and over 150 regional and state representatives and …

Tanintharyi Business Investment

Connectivity with Thailand will unlock Tanintharyi’s economy, says business chief

U Ye Htut Naing is a big fish in a small pond. The provincial mogul has chaired Tanintharyi Region’s Chamber of Commerce and Industry since …

tea myanmar shan state

A market brews for organic tea from the Shan hills

Tea growers around Pindaya in the Danu Self-Administered Zone are going organic as more foreign buyers show interest in the area’s chemical-free green tea. The …

Myanmar investment

Investing in Myanmar – not when but how

With the newly established Ministry of Investment and Foreign Economic Relations, and ongoing legal and regulatory reforms, there is no better time for foreign investors …

Mandalay textiles Myanmar

Mandalay weavers join forces to fight cheap imports

Weavers of traditional textiles in Mandalay Region have joined forces in an attempt to counter a threat to the industry from cheap copies imported from …

Myanmar economy reforms

A timeline of Myanmar’s key economic reforms

With the National Project Bank launch at the Invest Myanmar Summit 2019, there is no time like the present for international investors to educate themselves …

fishery Myanmar

Fisheries sector upgrades as exports set records

Myanmar is striving to upgrade its aquaculture sector amid a fall in the prices of fishery products in recent years despite higher export volumes and …

healthcare pharmaceuticals Myanmar

A look at Myanmar’s pharmaceutical industry

Healthcare is one of eight target industries at the Invest Myanmar Summit 2019 and will be covered in one of the focus sessions on Day …

Chin State Myanmar Textile Tourism

Investor opportunities in Chin State’s textile and tourism sectors

Chin State has been called Myanmar’s final frontier due to its remote location and underdeveloped infrastructure, but those willing to make the journey will find …

Rakhine Myanmar

Rakhine focuses on agriculture, tourism as infrastructure improves

RThe future looks a little brighter for Rakhine State. As one of the least developed areas of Myanmar, with high rates of poverty and poor …

Real Estate Property Market Myanmar

A Look at Property and Real Estate with Colliers International

An interview with Karlo Pobre of Colliers International, reflecting on the property market in 2018 and the investment opportunities and challenges he expects to see …

Invest Myanmar Korea

Union Minister of Investment and Foreign Economic Relations: ‘It’s time to invest in Myanmar’.

‘It is time to invest in Myanmar’, said H.E. U Thaung Tun, Union Minister, Ministry of Investment and Foreign Economic Relations. He was speaking at …

Investment Myanmar Foreign Investment

Better investment scene for Myanmar in 2019, says DICA Director-General

Director General of the Directorate of Investment and Company Administration, U Aung Naing Oo, explains what Myanmar is doing to attract investment, the challenges around …

National Project Bank Myanmar Investment Economic development

Deputy Planning and Finance Minister: The National Project Bank will enhance transparency; competitiveness

The Ministry of Planning and Finance is preparing to launch an interactive and publicly accessible online “project bank” – priority initiatives that have been screened …

Kayin State Myanmar Tourism manufacturing trade

A bright future for Kayin State: An Interview with Kayin State Minister U Than Naing

U Than Naing, Kayin State Minister for Planning, Finance and Development Affairs sees a bright future for Kayin under new ASEAN trade agreements, given its …

Myanmar GDP Breakdown

Myanmar’s Economy: The GDP Breakdown

The breakdown of gross domestic product (GDP) by sector illustrates the composition of an economy. In Myanmar, this data is collected by the Ministry of …

Myanmar rubber industry Mon State

Mon State keen to tap its rubber industry potential

The government and private sector in Mon State are seeking financial support for more factories to produce high-quality rubber. A blackout had halted production when …

Myanmar garment industry textiles

A snapshot of Myanmar’s garment industry

The nascent garment industry in Myanmar has grown significantly in the past five years, from an export value of US$900 million in 2012 to $2.7 …

foreign investment myanmar

Myanmar startups draw international investor interest

Due to the increasing market capacity and economic development in Myanmar, more and more foreign investors are looking into the market for potential returns. Some …

Investment Ministry Foreign Economic Relations

New investment ministry should be ‘substance over spin’

Single-window system, better administration measures, improved intra-ministerial management, appropriate regulations, and laws: these are some of the key points the Ministry for Investment and Foreign …

Power distribution power supply Myanmar modernisation

Myanmar’s Power Distribution and Supply: Can It Power Up?

Myanmar wants to turn the lights on for everybody. Just after winning the 2015 election, its ruling National League for Democracy party made a commitment …

Myanmar electricity infrastructure

Powering Myanmar: Illuminating the opportunities

The Myanmar Living Conditions survey was conducted by the Ministry of Planning and Finance with support from the United Nations Development Programme and the World …

Myanmar Foreign Investment

Foreign investment reaches to US$6,119 M in 2017-18 FY

In fiscal year 2017-18, foreign direct investment reached over US$6,119 million, with most of the investment flowing into these top three sectors: Industrial, Housing and …

Invest Myanmar Summit 2019 Investment

Invest Myanmar Summit 2019 Investment Workshops – Passion and Opportunity

One of the key features of the 2019 Myanmar Investment Summit is the direct participation of States and Regions.  The Summit will showcase at least …

Singapore Myanmar Investment

More Singapore firms planning to invest in Myanmar in next two years

According to the survey performed by the Singapore Business Federation, more than 1,000 Singaporean companies have indicated their plans to invest in Myanmar over the …

Myanmar Economy Investment

Myanmar’s Ambitious 20-Year Plan to Attract Foreign Investment

The Myanmar Investment Promotion Plan 2018 is meant to counteract the decline in foreign direct investments over the last two fiscal years. Projected to receive …

Shan State Agriculture

Shan State: A future agricultural powerhouse

Shan State is the largest of Myanmar’s states and regions by area, comprising 23 percent of the country’s landmass, with a population of almost 6 …

Shan State Myanmar Coffee

Shan State Coffee Producer Wins ASEAN Business Award

Genious Shan Highlands Coffee won the prestigious ASEAN Business Award in the Sustainable Social Enterprise category. Founded in 2012, the company began processing and roasting …

hong kong myanmar investment

Hong Kong Investors eye Myanmar

“Hong Kong is the 4th largest investor and major trading partner of Myanmar” – U Thaung Tun. With the Myanmar Government confirming visa exemptions for …

Foreign Investment

Foreign Investment in Myanmar on the Rise: Deputy Minister for Planning and Finance

“We would say that there is an increase in FDI (Foreign Direct Investment) because the amount of investment allowed by the new [NLD] government from …

Investment foreign business Aung San Suu Kyi

Myanmar's Suu Kyi makes investment pitch to foreign businesses

Calling Myanmar “the last frontier of South-east Asia”, Myanmar State Counsellor Aung San Suu Kyi called for foreign businesses to invest in an environment her …

Infrastructure Myanmar

China and Japan set to reshape shipping in Myanmar

The future of infrastructure in Myanmar is set to undergo radical improvement within the next few years. With Japan’s help, the ongoing overhaul to the …

China Invest Myanmar Summit 2019 roadshow

Myanmar: The time is right, and so are the conditions.

On November 9, Invest Myanmar Summit 2019 launched its Kunming roadshow to spread the word on the improving investment climate in Myanmar. The roadshow was …

China Invest Myanmar Summit 2019

Invest Myanmar Summit 2019 Roadshows in Beijing

Following a successful turnout in Keqiao, the Invest Myanmar Summit 2019 roadshow headed to Beijing to meet with the capital’s business community. The roadshow was …

Myanmar Investment

Is Myanmar still an attractive investment destination?

As Myanmar’s economy gains more stability, the investment environment improves as well. Known for its abundance of natural resources, Myanmar offers unique investment opportunities for …

Private school education Myanmar

Boom looms for private schools

Increased demand and changes to investment rules are likely to contribute to an increase in the number of private educational institutions.

ayeyarawaddy myanmar investment

Interview with Minister U Htay Win

An interview with U Htay Win, Minister of Planning and Finance for Ayeyarwady Region, reveals opportunities in sectors from farming and fisheries to tourism, deep-sea ports, heavy industries and petrochemicals.

China Roadshow Trade Commerce Industry

Invest Myanmar Summit 2019 Roadshow held at Keqiao, China

On 6 November, the Invest Myanmar 2019 Summit roadshow arrived at its Zhejiang stop in China. The roadshow saw many guests from Myanmar government agencies, …

invest myanmar summit trade business investment commerce

Invest Myanmar Summit 2019 to Put Myanmar’s Business Opportunities on the Map

Yangon, Myanmar, 6 November 2018 – The Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) is organising a two-day …

Agriculture Myanmar

What Grows Where? Agriculture Production by Regions and States

Myanmar’s economy is based on agriculture, which accounts for 26 percent of gross domestic product and 49 percent of employment, according to the World Bank’s …

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 …

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 …

Power Generation Hydropower Energy

Hydropower is back

According to the World Bank’s Myanmar Living Conditions Survey 2017, six in ten, or 58 percent of Myanmar households, are still not connected to the …

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 …

Shipping port commerce Myanmar

A new deal for oil and gas

The Myanmar government is reviewing current fiscal terms in its contracts with energy companies. The review is expected to bring about changes that encourage more …

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 …

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. …

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 …

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 …

trade myanmar import export

Trade 101: What Myanmar buys and sells

From Myanmar’s trade data emerges a clear picture of the opportunities for investment. As in other developing economies, imports exceed exports, creating chances for importers …

Myanmar Investment Economic Development

Myanmar 2.0 in the making?

Under the revised Myanmar Companies Law, foreigners can now hold up to 35 per cent of a company. Such a change enables foreign investors to …

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