NEWS AND STORIES, Notifications FOREIGN DIRECT INVESTMENT ACTUAL INFLOW As of 31st December 2017, the actual amount of Foreign Direct Investment (FDI) for 2017-2018 financial year is US $ 3.7 billion and the approved amount of Foreign Direct Investment (FDI) is US $ 5.0 billion.January 31, 2018
NEWS AND STORIES, Notifications THE MYANMAR COMPANIES LAW (2017) DRAFT MODEL CONSTITUTION FOR PRIVATE COMPANIES Pursuant to the Myanmar Companies Law 2017, the Directorate of Investment and Company Administration (DICA) has released a draft model constitution for private companies limited by shares for public consultation and feedback.The draft model constitution is available on www.dica.gov.mm. Interested…January 26, 2018
NEWS AND STORIES, Notifications MIC PAVES TWO WAYS TO BOOST FDI The Union Government is making efforts to overcome the deficit of the country by encouraging foreign investment in import substitution and export oriented business. The Myanmar Investment Commission (MIC) has announced that it welcomes investors in manufacturing import substitution products…January 25, 2018
NEWS AND STORIES, Notifications NEW ERA FOR COMPANY LAW IN MYANMAR Increased flexibility for local and foreign investors, new protections for minority shareholders, and a more effective regulatory structure lie at the heart of Myanmar’s new Companies Law. Passed by the Parliament on 23 November 2017, the new Companies Law replaces…January 25, 2018
NEWS AND STORIES, Notifications PRESS CONFERENCE ON PERMITTED ENTERPRISES ACCORDING TO MIC MEETING (1/2018) Press Conference on Permitted Enterprises according to MIC Meeting (1/2018) was held in the evening of 19th January 2018 at the office of Directorate of Investment and Company Administration. U Than Aung Kyaw, Deputy Director General gave details the facts…January 22, 2018
NEWS AND STORIES, Notifications Socio-Economic Atlas of Myanmar for sale The Socio-Economic Atlas of Myanmar, a valuable digest of facts, analysis, and information about Myanmar, has gone on sale at the Directorate of Investment and Company Administration (DICA) in Yangon. DICA, in partnership with the German aid and development group, GIZ, has…December 27, 2017
NEWS AND STORIES, Notifications SOCIO-ECONOMIC ATLAS OF MYANMAR FOR SALE The Socio-Economic Atlas of Myanmar, a valuable digest of facts, analysis, and information about Myanmar, has gone on sale at the Directorate of Investment and Company Administration (DICA) in Yangon. DICA, in partnership with the German aid and development group, GIZ, has…December 27, 2017
NEWS AND STORIES, Notifications DIRECTORATE OF INVESTMENT AND COMPANY ADMINISTRATION PRESS STATEMENT The Myanmar Companies Law was enacted by the Union Parliament as Law No. 29/2017 on 6th December 2017. It is anticipated that it will take approximately 7 months to implement the new law, including to prepare new forms and regulations,…December 14, 2017
NEWS AND STORIES, Notifications UNTAPPED OPPORTUNITIES IN KAYIN STATE A fair regulatory framework, a favorable investment climate, peace and stability, infrastructure development and attractive tax incentives under the Myanmar Investment Law, provide many opportunities for investment, according to the Kayin State Investment Opportunity Survey. Seventy percent of business people…December 7, 2017
NEWS AND STORIES, Notifications ANNOUNCEMENT FOR COMPANIES The Directorate of Investment and Company Administration (DICA) is now undertaking registration of the concerned companies in line with the Myanmar Companies Act 1914 and Special Company Act 1950. In doing so, Our DICA would like to inform the investors…November 29, 2017
NEWS AND STORIES, Notifications ELECTRICITY SUPPLY TO BOOST DEVELOPMENT IN KAYIN STATE All people in Kayin State will have access to electricity by 2020 in a move that would boost economic development in the State, U Kyaw Win, the Chairman of the Myanmar Investment Commission and Minister for Planning and Finance, said…November 28, 2017
NEWS AND STORIES, Notifications INVESTMENT MUST OCCUR ACROSS ALL REGIONS: CHIEF MINISTER Economic development across Myanmar would only be achieved if investment occurred throughout the country, Daw Nan Khin Htwe Myint, the Chief Minister of Kayin State, said today. Welcoming delegates to the Kayin State Investment Fair being held in Hpa An,…November 28, 2017