Almost 30,000 individuals have been approved to import cars to Myanmar since the start of the year and over 9000 cars will be imported by companies or groups, according to documents seen by The Myanmar Times.
The National League for Democracy (NLD)’s economic strategy will focus on five ‘pillars’ according to a document seen by The Myanmar Times - fiscal prudence, lean and efficient government, revitalising agriculture, monetary and fiscal stability, and functioning infrastructure.
Transparency is the most important consideration for companies planning to list on the Yangon Stock Exchange, according to Dr Maung Maung Thein, chair of the Securities Exchange Commission of Myanmar.
The Myanmar Investment Commission has permitted 11 more investments this week. “We are still seeing an influx of foreign investment even though the election is close,” says Ministry of Commerce advisor U Maung Aung.