New Companies Law comes into effect
Myanmar’s new Companies Law has come into effect on August 1, aimed at boosting foreign direct investment in the country. Under the new law, all companies must re-register within six months through the Myanmar Companies Online (MyCO) system on http
Citizens of three countries to be granted visa free travel
Tourists from China, South Korea and Japan will be granted visa free travel to Myanmar starting August 1, according to a local report. The report said that the new measure has been introduced to coincide with the introduction of a new Companies Law t
President nominates current CBM governor for another term
U Kyaw Kyaw Maung, the incumbent Central Bank Governor, has been nominated for another five-year term by President U Win Myint. The governor’s current term is due to expire on 31st July. Under the 2013 Central Bank Law, the governor can serve t
Protests held in Mon State against coal-fueled factories
Hundreds of residents of Mawlamyine, the capital of Mon State, have held a protest against the three coal-fired antimony factories in the town, which they say is polluting the air. An article in a local newspaper said that the factories were built
Yangon buildings to undergo earthquake testing
Buildings in five townships in downtown Yangon will be assessed for how earthquake resistant they are, according to a local report. The article, citing Daw Hnin Ei Win, section head of the Engineering (Building) Department of the Yangon City Develop
