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1.

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

2.

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

3.

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

4.

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

5.

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

6.

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

7.

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

8.

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

9.

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

10.

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

11.

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

12.

Myanmar: Market Profile

13 Sept 2018

Myanmar is a member of the ASEAN Free Trade Area (AFTA), and has committed the Common Effective Preferential Tariff Scheme (CEPT) to reduce intra-ASEAN import tariffs for 100% of the total tariff line...Read More

13.

MYANMAR: Overseas-Owned Insurance Companies Set for Nationwide Trading Approval

31 Aug 2018

The country’s insurance sector is to be opened up to foreign direct investment (FDI), with overseas companies allowed to sell their products, including life and general insurance, to the general popul...Read More

14.

MYANMAR: Education FDI Guidelines Issued by Investment Directorate

22 Aug 2018

New guidelines for overseas investors interested in opportunities in the country’s educational sector have been issued by the Directorate of Investment and Company Administration (DICA)....Read More

15.

Enlightened Mutual Interest Revives China-Myanmar BRI Partnership

16 Aug 2018

With the win-win nature of the relationship clearly established, it's full-steam ahead on the Burmese BRI front....Read More

16.

MYANMAR: Online Import and Export Licence Approval Extended to All Product Categories

15 Aug 2018

All import and export licence applications can now be submitted online, with approval also being granted digitally....Read More

17.

MYANMAR: Overseas Banks Authorised to Lend to Approved Domestic Importers

8 Aug 2018

For the first time, all the 13 overseas-headquartered banks currently operating in the country are to be permitted to extend credit to reputable import-oriented domestic businesses....Read More

18.

MYANMAR: Overseas Investors Cleared to Trade Across 24 Product Categories

6 Aug 2018

FDI-backed businesses have been approved to trade in 24 different product categories on both a retail and a wholesale basis....Read More

19.

MYANMAR: Mandatory Company Online Registration Procedures Issued

31 July 2018

With all companies – new and established – obliged to register on the recently-launched Myanmar Companies Online (MyCO) portal, the Directorate of Investment and Company Administration (DICA) has rele...Read More

20.

MYANMAR: Bundling of Native Language User Manuals Now Mandatory

26 July 2018

A Burmese language user manual must now be bundled with any consumer product sold in the country. Businesses have six months to comply with this Consumer Protection Central Committee directive, which ...Read More

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