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1.

MYANMAR: Amendments to Condominium Law Look to Limit Rights of Overseas Owners

14 Sept 2017

Overseas buyers will be allowed to own only up to 25% of all units in any given condominium project in Myanmar under the proposed changes to the 2016 Condominium Law. The amended legislation will end ...Read More

2.

Myanmar: Market Profile

1 Sept 2017

Myanmar’s GDP is forecast to expand by 7.7% in FY 2017/18 and 8% in FY 2018/19 on the back of improved global commodity prices and stronger demand from trading partners....Read More

3.

MYANMAR: 15-day Limit for Regional Approval of FDI Proposals Announced

31 Aug 2017

FDI proposals requiring approval from one of the 15 regional/state branches of the Myanmar Investment Commission (MIC) will now be processed within 15 business days, with the concerned authorities hav...Read More

4.

MYANMAR: Companies Listed on Yangon Stock Exchange Now Qualify for 5% CIT Cut

18 Aug 2017

Companies listed on the Yangon Stock Exchange (YSX) are now eligible to pay corporate income tax (CIT) at a lower rate of 20%, which is a 5% cut from Myanmar’s standard CIT rate....Read More

5.

MYANMAR: Emeralds and Diamonds Now Exempt from Special Commodity Tax

11 Aug 2017

The production, sale, export and import of emeralds and diamonds is to be exempt from the Special Commodity Tax (SCT). Prior to this change in legislation, the two were liable for SCT at a rate of 10%...Read More

6.

MYANMAR: Tax Dodging Property Developers Face Building Completion Certificates Blacklist

4 Aug 2017

All real estate developers and construction companies found to have evaded taxes will be denied the Building Completion Certificate (BCC)....Read More

7.

MYANMAR: FDI Proposals of US$5 Million or Less Now Only Require Regional Approval

31 July 2017

Proposals for investment projects valued at less than US$5 million will no longer be accepted by the Myanmar Investment Commission (MIC)....Read More

8.

MYANMAR: Investors in 10 Priority Sectors Promised Advantageous Treatment

4 July 2017

Investors in 10 priority sectors are to be given advantageous treatment by a number of official agencies, including the Myanmar Investment Commission (MIC) and any relevant local government bodies...Read More

9.

MYANMAR: Wholly Foreign-owned Businesses Granted Extended Trading Rights

28 June 2017

For the first time, wholly foreign-owned companies have been approved to import, distribute and trade in hospital equipment, construction materials, seeds, pesticides and fertilisers....Read More

10.

MYANMAR: Unused Industrial Zone Land to Revert to Government After Six Months

18 May 2017

Ownership rights to unused industrial land are to revert to the government if they fail to become operational within a six-month period. The move follows concerns that such land in industrial zone sit...Read More

11.

MYANMAR: FDI in Proscribed Business Sectors Must Be Registered by March 2019

9 May 2017

Foreign investors with an existing interest in any of the recently-proscribed FDI sectors have until 29 March 2019 to notify the Myanmar Investment Commission (or any other relevant state or regional ...Read More

12.

MYANMAR: Full Range of Investment Charges Unveiled

28 April 2017

The Myanmar Investment Commission has announced the fees payable for a range of investment-related services....Read More

13.

MYANMAR: Government Issues List of Approved and Proscribed FDI Sectors

12 April 2017

An official list of business sectors suitable for foreign investment, as well as a list of those sectors where such investment is proscribed, has just been issued by the Myanmar Investment Commission ...Read More

14.

MYANMAR: SEZ Licences for Overseas Insurance Companies Mark First Step Towards Liberalisation

29 March 2017

Overseas insurance companies can now apply for a licence to conduct business within the Thilawa Special Economic Zone (SEZ), the only such zone operational in the country....Read More

15.

BRI-Backed Rail Link Set to Unleash the Economic Potential of Laos

20 March 2017

With work now under way on the China-Laos Railway Project, hopes are high that it will form a key element of the Belt and Road Initiative, transforming Laos' infrastructure and delivering rapid and af...Read More

16.

MYANMAR: Work Begins on Delayed Dawei Special Economic Zone Project

13 March 2017

Work is expected to commence on the delayed Dawei Special Economic Zone (DSEZ) project in south-eastern Myanmar. Initially mooted in 2008, the project has long been beset with financial difficulties....Read More

17.

Belt and Road Project Set to Usher In New Economic Dawn for Myanmar

6 March 2017

With its abundant natural resources and its unmatched geographical advantages, Myanmar could benefit hugely from the Belt and Road Initiative, but only if it can secure the massive investment needed f...Read More

18.

MYANMAR: New Factory Sites Set to Be Released on Expanded Thilawa SEZ

1 March 2017

New factory sites are to be released within the Thilawa Special Economic Zone (SEZ) before the end of 2017. Set on the outskirts of Yangon, Myanmar’s commercial hub, the SEZ has already attracted more...Read More

19.

MYANMAR: Jail Threat to Resident Foreigners Absent from Registered Address for 24 Hours or More

7 Feb 2017

Resident foreigners will need to seek prior approval from their local immigration office prior to taking any trip within the country that sees them absent from their registered address for 24 hours or...Read More

20.

TV Remains Dominant Platform for Multi-sourced Content Across Asia

2 Feb 2017

Despite the challenge of enhanced internet access throughout most of Asia, television has retained a pivotal role, although ever more frequently it is being called upon to host content sourced through...Read More

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