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NEWS UPDATES Asean Affairs     4 July  2016  






Draft Investment Law to be submitted by mid-July

Myanmar's new draft Investment Law will be submitted to parliament for discussion by mid-July, Xinhua reported on 30 June quoting U Aung Naing Oo, Director General of Directorate of Investment and Company Administration.

Although Myanmar enacted the Foreign Investment Law in 2012 and Citizens' Investment Law in 2013 with the approval of parliament, there were arguments over the laws and the former government has called for the drafting of a new one combining the two laws with the support of International Finance Corporation (IFC).

Meanwhile, the new Company Act drafted with the help of Asian Development Bank (ADB) in 2014 is yet to be submitted to parliament.

Myanmar's new Company Act is the key to allowing foreign investors on to the Yangon Stock Exchange (YSX) the report said.



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ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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