Myanmar Articles & Analysis

Displaying 31 - 36 of 470

In the wake of sweeping reforms undertaken since 2011, Myanmar’s banking sector has been advancing at a rapid pace to become safer, sounder and better regulated. The majority of banking institutions are rising to the challenge by adopting international best practices, especially in terms of accountancy, and investing in systems that promise to...

 

In 1948, when Burma became independent, we established a parliamentary democracy. And, at that time, we could say that we were one of the foremost countries in Asia to have adopted parliamentary democracy. However, the race is not always to the swift nor the battle to the strong. Time and chance happen to us all. Time and chance happened to...

With the historic general election in November 2015 followed by the new government’s official takeover in March 2016, Myanmar turned a key corner in its modern history. Unsurprisingly, this event also brought with it a wave of expectations for major and rapid change, with government ministries also outlining a series of 100-day plans, which gave an insight into many of the new...

 

Where can the EU and the US offer more support?

Can you discuss the main challenges that banks might encounter in their efforts to drive a profitable mortgage market here in Myanmar?

 

REGIME CHANGE PROGRESSING: Changes in Myanmar’s tax regime continued to make progress in FY 2015/16 and 2016/17. Of all these changes, the new Special Goods Tax Law (SGTL), which was promulgated on January 18, 2016, is the most remarkable. Now the SGTL will regulate taxation on 16 items termed “...