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MYANMAR: Overseas Investors Allowed to Hold Maximum 35% Stake in Local Banks

14 Feb 2019

Overseas investors are to be permitted to hold a stake of up to 35% in any of the country’s licenced local banks....Read More


MYANMAR: All Businesses Required to Re-Register Existing Trademarks

13 Feb 2019

In line with international best practice, the country is set to abolish its existing first-to-use trademark registration system and adopt a first-to-file system....Read More


MYANMAR: Database of Pre-Approved PPP Infrastructure Projects Set to Go Online

8 Feb 2019

A state-run database of pre-approved infrastructure projects open for overseas investment under a public-private partnership arrangement is set to go online....Read More


MYANMAR: Local Banks Cleared to Offer Unsecured Loans and Three-Year Mortgages

28 Jan 2019

As of 1 February this year, local banks in Myanmar will be permitted to extend credit to all businesses without the need for it to be guaranteed against existing assets (including land and property)....Read More


Myanmar: Market Profile

24 Jan 2019

Myanmar is a lower-middle income country and the economy is supported by abundant natural resources and commodities. Its largest export is natural gas, which provides an increasingly important revenue...Read More


MYANMAR: Overseas Life Insurance Businesses Invited to Bid for Operating Licences

11 Jan 2019

The country’s insurance sector is now open for foreign direct investment (FDI). In line with this, the government has now formally announced its operational strategy and called for expressions of inte...Read More


MYANMAR: Country’s First Official Credit Bureau Promised Within 12 Months

27 Dec 2018

The country is aiming to establish an official credit bureau over the next 9-12 months, giving local banks and financial institutions access to the financial history of potential domestic borrowers fo...Read More


MYANMAR: Overseas Insurance Companies to be Offered April 2019 Operating Licences

24 Dec 2018

The Ministry of Planning and Finance is to call on overseas-owned insurance companies to bid for April 2019-commencing operating licences....Read More


Potential EU Trade Measures Affecting Imports from Cambodia and Myanmar

18 Dec 2018

Hong Kong traders may like to know that certain or all products, excluding arms and ammunition, which originate in Cambodia or Myanmar and which currently benefit from tariff-free access when imported...Read More


MYANMAR: Overseas Banks Approved to Set Own Interest Rates for Foreign Currency Loans

14 Dec 2018

All 13 overseas-headquartered banks currently operating in the country are to be henceforward entitled to set their own interest rates when extending foreign currency loans to businesses....Read More


Final Go-ahead Inches Closer for Essential Myanmar BRI Deep-Sea Port

13 Dec 2018

With funding for phase one finally agreed, the development of the Kyaukphyu Port no longer seems remote prospect....Read More


MYANMAR: Investment Protection Agreement with China and Hong Kong

4 Dec 2018

Myanmar has signed an Investment Promotion and Protection Agreement (IPPA) with China and nine other countries, including four fellow ASEAN nations – Laos, Philippines, Thailand and Vietnam....Read More


MYANMAR: New Ministry Briefed with Launch of Online Overseas Invest System

29 Nov 2018

The launch of an online single-window system for overseas investment applications is to be handled by the newly-established Ministry of Investment and Foreign Economic Relations....Read More


BRI Hub Boosts Logistics and Economic Connections Across SE Asia

28 Nov 2018

China-backed SEZ set to transform transport and manufacturing ties between China, Laos, Thailand and Myanmar....Read More


MYANMAR: Overseas-Owned Banks Now Cleared to Lend to Domestic Businesses

23 Nov 2018

All 13 overseas-headquartered banks currently operating in the country are to be permitted to extend credit facilities to domestic businesses as well as to provide a range of other banking services....Read More


MYANMAR: Six Month Deadline Announced for Local Language Labelling of Imports

9 Nov 2018

After 26 April next year, it will be illegal to sell imported goods in any one of the nine categories unless local language labelling is attached....Read More


MYANMAR: Online Corruption-Proof Tax Payment System Set for 2019 Launch

29 Oct 2018

An online tax payment facility is to be introduced in 2019, superseding the current paper-based process, which is said to be open to systematic abuse on the part of both tax payers and officials....Read More


MYANMAR: New Investment Plan Designed to Boost FDI and Enhance Business Environment

23 Oct 2018

The newly-unveiled Myanmar Investment Promotion Plan 2018 (MIPP) is intended to nurture a three-phase increase in FDI over the next 18 years....Read More


MYANMAR: 30-Day Visa-Free Entry On Offer to Hong Kong Holidaymakers

11 Oct 2018

Hong Kong passport holders are now entitled to visa-free entry into Myanmar for periods of up to 30 days....Read More


MYANMAR: Official One-Stop Gold Import/Export Facility Opens for Business

8 Oct 2018

All the administrative requirements related to the import/export of gold can now be processed via the state-run One-Stop Service Centre (OSSC), a facility recently launched in Yangon, the country’s co...Read More

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