Investment policy and regulation
Foreign investors
Three MOI-owned factories in Yangon to cooperate with private sector
Three factories under the Ministry of Industry (MOI) in the Yangon Region will cooperate with local and international private investors after inviting Expressions of Interest (EOI), Assistant Secretary U Aung Soe Ya of the MOI told The Myanmar Times.Read more ...
Chinese company keen to develop special economic zone in Champassak
The government has given the green light for a Chinese company to conduct a feasibility study on developing the Khonphapheng Special Economic Zone (SEZ) in Champassak province. The Chinese company had informed authorities that it wants to invest US$10 billion to develop the SEZ, the ...
Japanese investment to bring jobs to nation's south
More Japanese investors are seeking to locate factories at Pakxe-Japan SME Specific Economic Zone in Champassak province in moves set to generate hundreds of jobs for Lao people. Approval of planned investments by the companies is expected between now and the end of this year, ...
Nation's renewable energy options explored with assistance from China
Laos must increase understanding of the rapid development and expanding use of renewable energies and the revolution in energy production and distribution especially for technical officials responsible for the field. This was among the messages delievered at a meeting that took place in the capital ...
Investment welcomed for Lao tourism site development
Laos has huge potential in developing tourism sites, with a number of incentives introduced to boost investment in the sector. Deputy Minister of Information, Culture and Tourism Mr Ounethouang Khaophanh said investors were welcome to invest in developing and operating tourism sites in line with ...
RoK, VN eye energy partnerships
A delegation of executives from 17 energy start-ups nurtured by the Korea Electric Power Corporation (Kepco) met with their Vietnamese counterparts in HCM City yesterday (July 17) to explore business opportunities.Keep reading ...
Tokyo Gas to ferry LNG to remote islands in Southeast Asia
Tokyo Gas is starting a project to efficiently deliver liquefied natural gas to Southeast Asian nations home to many far-flung islands. In energy-hungry Southeast Asia, a number of plans are underway to construct large LNG receiving terminals in such countries as the Philippines, Indonesia and ...
Singapore’s MOSB to become first foreign oil and gas supply base in Myanmar
Myanmar Offshore Supply Base (MOSB), a Singapore company, on July 11 received the green light from the Myanmar Investment Commission (MIC) to construct an oil and gas supply base in Mon State. It will be the first foreign-run oil and gas supply base in Myanmar. ...
Myanmar should renegotiate expensive loans from China
Myanmar must renegotiate the terms to its existing loans from China, as these loans have saddled the country with the burden of repaying the loans at high interest rates, economists say. Of the US$600 million in foreign debt repayments due from Myanmar this year, interest payments, ...
Lack of accountability and clarity in SEZ Law highlighted in Dawei
An inadequate legal framework, poor implementation process, absence of accountabilities and the lack of transparency lead to violations of human rights and environmental disruption in Myanmar’s Special Economic Zones, speakers at the Myanmar Special Economic Zones Forum highlighted.Read more ...
