Written by Published in Investment

TOKYO (AFP) - Japanese mobile carrier KDDI says it is planning to link up with trading house Sumitomo in a deal to invest about US$2.0 billion in developing wireless networks in Myanmar.

Written by Published in Investment

While local banks may open as many branches as they like, foreign banks entering the market will be initially restricted to one branch if they operate solely as ‘Foreign Direct Investment’ operations, the Myanmar Central Bank has said.

Written by Published in Investment
Myanmar-worker-working-on-the-top-of-a-construction-site-in-Yangon
Myanmar's foreign investment law controversially requires foreign companies to invest a minimum of five million dollars. Economists and some officials have previously criticised the minimum as likely to scare away the small and medium-sized companies that the country desperately needs to create jobs. Photo: EPA/LYNN BO BO

Myanmar’s Directorate of Investment and Company Administration has granted 10 more foreign investors to trade in Myanmar.

Written by Published in Investment

A stock exchange must be established to help protect ignorant investors, Deputy Finance Minister Dr Maung Maung Thein said in the Amyotha Hluttaw on June.

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Myanmar and the European Union have begun negotiations on an investment protection agreement, the EU said in a news release.

Written by Published in Investment

Japanese investors are worried about labour shortages at the Thilawa Special Economic Zone, a senior official with the Japan External Trade Organisation said at the Sedona Hotel on March 18 after a forum aimed at promoting investment in the SEZ.