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
Myanmar Companies Law

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