Economic minister vows to ‘build back better’

As the new COVID-19 wave slams the economy, Union minister for investment and foreign economic relations U Thaung Tun has vowed that the country will weather the storm and emerge even stronger than before. “In a different time, our isolated eco

Sweeping investment policy review completed

The government has completed its second ever Investment Policy Review (IPR), a comprehensive audit policies and potential reforms for both local and foreign investment. The Ministry of Investment and Foreign Economic Relations (MIFER) worked with the
Myanmar to open up Yangon stock exchange to foreign investments

Government to introduce corporate governance guidelines

The Myanmar government will soon introduce new guidelines for corporate governance. Speaking to state media, U Aung Naing Oo, Permanent Secretary of the Ministry of Investment and Foreign Economic Relations, said the new regulations would be publish
Ministry of Investment and Foreign Economic Relations to target Asian FDIs in 2019-20 FY

Ministry of Investment and Foreign Economic Relations to target Asian FDIs in 2019-20 FY

MIFER’s Permanent Secretary, U Aung Naing Oo, said that his ministry will not expect significant investments from US and EU for the ongoing FY, due to the geopolitical challenges. Instead, the ministry expects FDIs originating from fellow ASEAN
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