Companies & Investments
Hot news regarding investments in Myanmar
Air Thanlwin to resume domestic flights
May 29, 2020
Air Thanlwin will become Myanmar’s latest airline to resume domestic flights. On May 30, the a
Government partners with Singaporean firm to complete infrastructure projects
May 28, 2020
The Ministry of Planning, Finance and Industry (MOPFI) has finalized an agreement with Singaporean f
Alibaba fintech arm invests USD 73.5 mn in Wave Money
May 22, 2020
Ant Financial (owner of Alipay) will invest USD 73.5 million into digital payment platform Wave Mone
Government calls for solar tender bids
May 22, 2020
The Ministry of Electricity and Energy has invited solar power providers to submit bids for solar ge
Economy
News impacting Myanmar's economic development
Parliament approves borrowing from IMF and JICA
May 29, 2020
Parliament has approved accepting large loans from the International Monetary Fund (IMF). This fundi
Government eases foreign liquor ban
May 25, 2020
The Ministry of Commerce has issued guidelines that allow for the import of foreign liquor. Foreign
Government reduces COVID-19 restrictions
May 22, 2020
This week, the Ministry of Health and Sports allowed restaurants throughout the country to reopen as
Foreign COVID-19 aid flows
May 21, 2020
Several countries have pledged loans and aid to support Myanmar’s pandemic-stricken economy as
Highlights
In just one sentence
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In its most drastic move on the matter, the CBM has banned the use of digital currencies (such as Bi
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The Bangkok Post reported this week that Thitikorn, listed on the Stock Exchange of Thailand as TK,
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Myanmar Strategic Holdings (MSH), a leading developer and operator of a portfolio of consumer-focuse
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The Ministry of Commerce published the latest official statistics on the value of the Thailand-Myanm
Politics
Most important political updates
Grassroots organization opposes Tanintharyi conservation project
May 29, 2020
Ridge to Reef is a sweeping conservation project that aims to protect 3.5 million acres of wildernes
200 buildings torched in Rakhine State
May 29, 2020
Human Rights Watch claims a massive block of buildings has been burned to the ground in Rakhine Stat
Returnees bring COVID-19 to Kayin, Tanintharyi
May 22, 2020
The first cases of COVD-19 have been confirmed in Kayin State and Tanintharyi Region, apparently bro
Police make historic drug bust as meth trade booms
May 18, 2020
Police have captured millions of dollars worth of narcotics and precursors, including more than 200
Legal Box
Written by our Partner Duane Morris & Selvam
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Foreign bank licensing – third round
Nov 14, 2019On 7th November 2019, the Central Bank of Myanmar (“CBM”), exercising the power conferred under -
Announcement regarding overtime-working hours issued
Oct 10, 2019The Myanmar Investment Commission (“MIC”) issued an announcement in relation to the overtime-wor -
On 20 September 2019, the Ministry of Investment and Foreign Economic Relations issued Notification
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In exercise of the power conferred under Section 71 (b) of Securities Exchange Law 2013, Securities
