News
Google News: Traders Support Relaxed FDI Restrictions
[The Irrawaddy News Magazine] - “The majority of foreign investors cannot invest this amount,” said government consultant Zaw Oo. “Even US companies have to request government permission if their capital investment exceeds $500,000. We still are not clear of US sanctions yet and we
Google News: Political excitement trumps economic realities
[LoanSafe] - The government was not only promoting the agricultural sector but also agro-industry involving rice, sugar, and cotton, said Aung Zaw Oo, who is also the secretary of the Myanmar Rice Industry Association (MRIA). Myanmar had 20 million acres of rice
Reps welcome cabinet reshuffle
www.mmtimes.com
[Myanmar Times] - The moves follow the appointment earlier in August of navy chief Admiral Nyan Tun to replace Thiha Thura U Tin Aung Myint Oo as one of the country's vice presidents, in a move that was also seen as strengthening government reformers. His predecessor
Google News: Military still holds the wild card in Myanmar
[The Nation] - Vice Admiral Nyan Tun, 58, replaced hardliner Tin Aung Myint Oo, whose resignation for health reasons (he was reportedly suffering from throat cancer) was officially announced last month. But this development needs to be seen in the light of the fact
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