Myanmar takes new measures to promote foreign investment
2018-08-15 15:09:40 / Myanmar Wood
Myanmar has reformed its investment commission recently and will soon enforce a new companies law in a bid to promote foreign investment.
The new Myanmar Investment Commission was reorganized with 13 members with Minister at the Office of the Government U Thaung Tun as chairman.
Along with the enactment of the new Myanmar Companies Law, the commission asked all companies in the country to re-register within six months from the date when the law takes effect on Aug. 1.
The move, partly aimed at attracting foreign investment, will allow the companies to benefit from the new Myanmar Companies Law which has abolished the mandated system of submitting an authorized capital as well as the requirement of an article of association and a memorandum of association previously prescribed.
Read More...
Source From: XINHUANET.com
More News
- Seminar Session: Driving the Innovation in the Plastics, Printing & Packaging Industry Bangladesh Int'l PLASTICS, PRINTING & PACKAGING Industry Fair / 2026-01-22 20:45:09
- IPF Bangladesh 2026 Positions Bangladesh as a Rising Hub for Plastics, Printing and Packaging Manufacturing Bangladesh Int'l PLASTICS, PRINTING & PACKAGING Industry Fair / 2026-01-20 13:27:57
- Taiwanese bakery brands making their mark in Vietnam Taipei Int'l Bakery Show / 2026-01-16 15:05:38
- Hanoi International Electronics and Smart Manufacturing Exhibition to Bring Together Companies from 6 Countries, May 20–23, 2026 in Vietnam Hanoi International Electronics and Smart Manufacturing Exhibition / 2026-01-15 17:04:13
- Scoop the Prize! VIETNAMWOOD / 2025-11-03 10:52:16
- VietnamPlas 2025 Successfully Attracted 21,401 International Visitors Vietnam Plas (HCM) / 2025-10-28 10:18:04
- Leisure Japan is coming to Tokyo Big Sight on November 26-28! Taiwan Outdoor Show －OUT。DOOR TaiChung / 2025-10-27 09:02:46
- Leisure Japan is coming to Tokyo Big Sight on November 26-28! Taiwan Outdoor Show - OUT。DOOR Taipei / 2025-10-27 09:02:10
- VietnamPrintPack 2025 successfully concluded with a total of 20,052 professional visitors Vietnam HCM Pack Print Food / 2025-10-17 13:36:26
- Seminar Sessions: Expert Perspectives on Advancing the Printing & Packaging Markets Vietnam HCM Pack Print Food / 2025-09-30 14:54:32
- Beware of Fraud and Impersonation Myanmar Agro Food Exhibition / 2025-09-30 08:56:21
- Beware of Fraud and Impersonation Myanmar PPP / 2025-09-30 08:56:20
- CTG & CIMIF2025 Panel Discussion Agenda CIMIF / 2025-09-26 17:48:16
- Seminar Sessions: High-Level Perspectives on Global Trade and the Future of Sustainable Plastics Vietnam Plas (HCM) / 2025-09-18 15:47:43
- VPPNEXT : Innovation Zone (Booth 630 - 647) Vietnam HCM Pack Print Food / 2025-09-08 11:56:00
- VietnamPrintPack 2025: The Largest Exhibition Platform Showcase Printing & Packaging Industry Vietnam HCM Pack Print Food / 2025-09-05 11:53:19
- VietnamPlas 2025: Asia’s leading plastics and rubber industry exhibition will be showcased in Ho Chi Minh City Vietnam Plas (HCM) / 2025-09-02 11:18:43
- Market Trends & Exhibition Highlights Industry Must Know Vietnam Plas (HCM) / 2025-08-18 17:33:24
- The Vietnam's no.1 Exhibition for Plastics and Rubber Vietnam Plas (HCM) / 2025-08-18 14:08:15
- What’s New in the Printing & Packaging Industry? Vietnam HCM Pack Print Food / 2025-08-07 11:40:56