- Myanmar starts drafting five-year Dairy Development Plan
- Women entrepreneurs to draw policy paper for women job opportunities
- Myanmar has region's lowest internet penetration rate
- Thai delegation visits Eleven Media in Myanmar
- Htoo Group fails to upgrade Mandalay's Innwa Hotel
- Protecting intellectual property rights highlighted for foreign investments
- Spirulina lakes endangered by irrigation projects in central Myanmar
- Construction of Sittwe Port halted due to Cyclone Mahasen
- Private school board settles tuition fees conflicts with parents
- Myanmar’s Shan Army denies “funds acceptance” from OIC
Ministries to review foreign investment bylaws
Published on Monday, 07 January 2013 16:38
Parliament has asked ministries to review the draft bylaws for the Foreign Investment Act before passing legislation, the Myanmar Investment Commission (MIC) said.
The draft has been sent for review to the 22 ministries including the Attorney General Office and the Republic of the Union of Myanmar Federation of Chambers of Commerce & Industry since January 2.
The ministries have to submit comments by January 7.
The draft bylaws contain 22 sections including on joint ventures and restricted or banned businesses.
Myanmar passed the law in November last year.