August 30, 2013
Oil and gas industry experts have said that the new regulations for oil and gas exploration bids will benefit Myanmar financially and promote investment sharing.
The Ministry of Energy has released the new Standard Regulations (PSC/IPR) for interested bidders on oil and gas blocks in Myanmar. More…
June 21, 2012
Reposted from the Associated Free Press
YANGON — Myanmar will allow foreigners to take full ownership of local firms under a new investment law expected to be approved by parliament soon, a senior official said Wednesday.
“Foreign companies will be allowed to invest to own from 35 to 100 percent” of domestic firms, said Kan Zaw, deputy minister for national planning and economic development. More…