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:D BTW i heard A new floating dock was commissioned yesterday... even though i have some doubt on blue cover.. :D
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New laws to ease restrictions on foreign companies
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An employee works at a Coca-Cola bottling plant in Yangon. (Ye Aung Thu / AFP)

16 Aug 2016
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Planned changes to the Myanmar Companies Act could enable foreign investors to hold up to 35 percent in a domestic firm, the Nikkei Asian Review has reported.

The act, which is more than 100 years old, says a company is foreign is a foreigner holds even one share. This has restricted access to capital and investment by domestic companies, and has also precluded foreign investors buying shares on the Yangon Stock Exchange.

NAR quoted Directorate of Investment and Company Administration director general U Aung Naing Oo as saying that the amendments will be submitted first to the government and then the parliament. Approval is expected by the end of the year, he said, adding that the new rules could open up the agriculture, fishing and trade sectors to foreign investors.

The government is also planning other reforms aimed at improving the investment climate, NAR reported. It plans to relax rules on long-term land leases for foreign businesses, which currently require government permission.

It is also working to combine the foreign and Myanmar citizens’ investment laws – both of which were passed by the previous government – into a single investment law. At the same time, it plans to cut red tape and improve transparency. Aung Naing Oo, who is also secretary of the Myanmar Investment Commission, said the government wants to digitalise investment filings within two years, while the number of DICA offices will rise from eight to fifteen by the end of the 2017-18 financial year.

The National League for Democracy government has been widely criticised over lack of clarity on its economic policies and plans. A three-page economic outline launched at the end of July was greeted with disappointment due to a lack of detail, but the government has said it plans to release detailed plans on a sector-by-sector basis.
 
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Nice pics! Can you give a brief intro, say their equipment?
thz it would be very friendly with u.. coz it's collabolation with China.. :D
the squad was founded 6 year ago.. very first batchs and trainers finished their courses in China.. also funded for a new training ground which was established last year.. Chinese military officials also attend it opening ceremony..
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MA series MK3 will be primary weapon now.. Under considering SS series of Indonesia and PVAR of PH as next choice..also used MA5 MK2 as thier side arms..

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training
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thz it would be very friendly with u.. coz it's collabolation with China.. :D
the squad was founded 6 year ago.. very first batchs and trainers finished their courses in China.. also funded for a new training ground which was established last year.. Chinese military officials also attend it opening ceremony..
View attachment 330865
View attachment 330866
MA series MK3 will be primary weapon now.. Under considering SS series of Indonesia and PVAR of PH as next choice..also used MA5 MK2 as thier side arms..

View attachment 330867
View attachment 330868
training
View attachment 330869
View attachment 330870

Myanmar interested in Chinese attack helicopters?
 
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Myanmar interested in Chinese attack helicopters?
i dont know Myanmar is interested in WZ-10 or not.. but as my view , we currently dont need more attack heli as we have significant number of MI35P which are recently sent to Russia back to overhaul and upgrade to conduct night operations.. some are upgrading locally.. so our current fleet is enough for our condition and budget.. :D
 
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thz it would be very friendly with u.. coz it's collabolation with China.. :D
the squad was founded 6 year ago.. very first batchs and trainers finished their courses in China.. also funded for a new training ground which was established last year.. Chinese military officials also attend it opening ceremony..
View attachment 330865
View attachment 330866
MA series MK3 will be primary weapon now.. Under considering SS series of Indonesia and PVAR of PH as next choice..also used MA5 MK2 as thier side arms..

View attachment 330867
View attachment 330868
training
View attachment 330869
View attachment 330870


Thanks for the intro, very comprehensive! No wonder why the equipment look very familiar to me.
 
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Thanks for the intro, very comprehensive! No wonder why the equipment look very familiar to me.
yes.. about hundard of people are recently taking training for counter-terrorism in China too.. when they're back it will be new squad for MM.. :D
 
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