Myanmar today is a country undergoing rapid change, and there is a solid determination among its people and leaders alike to help their country establish an important place at the global political and economic table.
Reforms to legislation governing investment in Myanmar, including streamlined procedures and strengthened investor rights, aim to reverse a downward trend in foreign direct investment seen in the previous fiscal year.
Foreign banks may be granted greater access to Myanmar’s domestic financial market as a way of servicing local demand for trade financing.
What is the ideal energy mix for Myanmar?
The entrance of a new operator in Myanmar’s telecoms sector has brought a wave of new investment and heightened competition to an already crowded market, promising expanded service options and lower pricing for consumers.
The government’s effort to update and streamline its foreign and domestic investment laws has finally been achieved with the enactment of the Myanmar Investment Law (MIL) in October 2016. Apart from extending automatic investment protections to citizen and foreign investments, which cover a range of asset classes including shares and property, the MIL also introduces a new regulatory mechanism...