The government of Myanmar is currently in the process of implementing its recently-enacted Myanmar Investment Law (MIL), which is designed to draw more foreign director investment (FDI) to the country. As part of this initiative, Myanmar’s authorities recently announced that they will target 20 fields in their efforts to promote investment, to spur greater economic growth in the nation.
Regulators from across the world recently spoke out at a financial technology (fintech) industry event, to pledge that will do all they can to ensure that they do not stifle fintech innovation, giving entrepreneurs the free-reign they require to develop new financial solutions. Htet Tayza comments.
In this connected world, where consumers can now access financial services more conveniently than ever before, cyber-crime is becoming a more pressing problem for the sector by the day. New reports confirm that financial services firms in South-East Asia are preparing themselves to face these attacks, as it appears they will be top targets for cyber-criminal activity in 2017. Htet Tayza comments.
Myanmar’s government is seeking to turn the Yangon Stock Exchange (YSX) into one of the most prominent bourses in South-East Asia. New reports indicate that it recently took the latest step in achieving this target, by signing a deal to strengthen the YSX’s corporate governance standards.
Myanmar’s government is increasingly turning its focus towards attracting foreign direct investment (FDI) to the country, helping bankroll economic growth. New figures indicate that these efforts are proving effective, as Myanmar surpassed its FDI goal in the latest fiscal year. Htet Tayza comments. Spurring progress Myanmar is a booming frontier market economy, regularly racking up […]
Myanmar is currently pushing to reform its investment landscape, to attract the foreign direct investment (FDI) needed to promote economic growth. As part of these efforts, Myanmar’s government recently gave its regional counterparts the power of approve most investments. Investment law FDI could bring a range of benefits to Myanmar’s businesses. This includes the provision […]