Responsible investment in Myanmar

Myanmar is a country with tremendous opportunities, but also tremendous risks. I was fortunate enough to host and chair a seminar in Singapore yesterday on responsible investment into Myanmar. Introduction by Rt. Hon Hugo Swire MP The seminar started with an introduction and overview by the Rt. Hon Hugo Swire MP, Minister of State, Foreign and Commonwealth Office. Hugo … Read more

India opens telecoms sector to 100% foreign investment

On Tuesday 16th July the Indian Government announced its decision to relax its foreign direct investment rules to permit 100% foreign investment in the telecoms sector, up from the prior cap of 74%. In the basic and cellular telecoms services sectors, 49 per cent foreign investment will now be allowed automatically, but investment above this remains subject to approval by the Foreign Investment Promotion … Read more

Myanmar announces 12 Pre-Qualified Applicants for telecoms licences

Following its evaluation of applications, the Government of Myanmar today announced 12 pre-qualified applicants for the two national telecoms licences being allocated by tender: Axiata Group Bharti Airtel China Mobile and Vodafone Group Digicel Group France Telecom / Orange KDDI Corp and Sumitomo Corp Millicom International Cellular MTN Dubai Ooreedo (aka Qatar Telecom) Singtel, KBZ … Read more

Singapore adopts 10 year master plan to become IP Hub for Asia

On 1 April the government of Singapore adopted a ‘Intellectual Property (IP) Hub Master Plan: Developing Singapore as a Global IP Hub in Asia’. Despite the date, this is emphatically no joke.  The plan helpfully summarises its key aspects in the following diagram:      The initiatives adopted are: OUTCOME / ENABLER KEY STRATEGY INITIATIVE Outcome 1:A hub for … Read more

Myanmar to increase international investor protections

International arbitration to provide unbiased disputed resolution mechanism for international investors Myanmar’s long isolation from the international community has meant that it has lacked many of the protections available to international investors elsewhere. It is therefore very encouraging that on 7 March 2013 the Myanmar parliament agreed to sign the New York Convention on the … Read more

Myanmar invites applications for two telecoms licences

Myanmar today (15 January 2013) invited expressions of interest for two national telecommunications services licences. I have blogged about the prospects for telecoms in Myanmar before, and today’s announcement starts to clear some of the fog obscuring the road ahead. Policy framework In the short press release,  the Government recites that their policy framework is: “for the … Read more