Bunong people’s sacred forest becomes a rubber plantation in another land concession for the government.
Tag: land concession
Backlash pushes Hun Sen to intervene with forest development
Developers clear protected Phnom Tamao Forest before reversing course after outcry prompts prime minister’s online order.
New Myanmar investment law is the ‘right move’
The new law, a consolidation of existing Myanmar Citizen Investment Law and the Foreign Investment Law, introduces a new form of approval called MIC Endorsement, in addition to issuing MIC permits.
If a company’s business activities do not fall under one of the restricted categories, it will not require an MIC permit to do business in Myanmar. Instead, they can apply for an MIC endorsement, which will provide the same benefits as an MIC permit such as long-term lease and tax incentives.