Foreign investors may soon apply online

Foreigners seeking to invest in Myanmar will soon be able to apply online, according to the Directorate of Investment and Company Administration (DICA). The planned digital portal aims to help investors stuck outside the country due to pandemic lockd
Myanmar Investment Promotion Plan (MIPP) under review

Myanmar Investment Promotion Plan (MIPP) under review

The Myanmar Investment Commission (MIC) along with the Japan International Cooperation Agency (JICA) will jointly review the MIPP, affected by the coronavirus crisis, to boost the agricultural, health, industrial and digitization sectors for the post
5 new projects in oil and gas, real estate and services sectors get green light from MIC

5 new projects in oil and gas, real estate and services sectors get green light from MIC

The Myanmar Investment Commission (MIC) has approved five projects this week in the services, oil and gas and real estate sectors, with investments amounting to USD 65 million. The meeting also allowed additional investments in three existing project
Myanmar attracts over USD 2 billion foreign investment in first half of fiscal year

Myanmar attracts over USD 2 billion foreign investment in first half of fiscal year

Investment capital of over USD 2.73 billion from permitted foreign enterprises have entered Myanmar in first half of fiscal year 2019-2020 which started in October, according to figures issued by the Directorate of Investment and Company Administrati

Will coronavirus infect FDI?

Despite a global economic downturn due to the ongoing coronavirus epidemic, Myanmar’s foreign direct investment (FDI) has been on the rise. Recently, the Myanmar Investment Commission approved 25 new foreign investments totaling USD 90 million,
MIC chair U Thaung Tun to lead new foreign economic relations ministry

New ministry formed to boost investment

Myanmar’s government has announced the formation of a new ministry, aimed at boosting the country’s economy. According to the announcement on November 16, the Ministry of Investment and Foreign Economic Relations will be headed by U Thaung Tun, c