Companies & Investments
Hot news regarding investments in Myanmar
Foreign investment hits USD 2 billion
Mar 27, 2020
Foreign direct investment (FDI) has topped USD 2 billion in the first five months of the current fis
Foreign insurers have pumped USD 127 million into Myanmar
Mar 19, 2020
A new rule allowing foreign insurers to operate in Myanmar has resulted in over USD 127 million in f
Banyan Tree partners with local hotel brand despite tourism slump
Mar 19, 2020
International hospitality giant Banyan Tree Holdings is partnering with one of Myanmar’s large
Korean Air suspends flights to Yangon
Mar 13, 2020
Korean Air has halted flights from Incheon (Seoul) to Yangon until at least April 25th amid the outb
Economy
News impacting Myanmar's economic development
Businesses will enjoy tax breaks, soft loans during pandemic
Mar 27, 2020
The Ministry of Planning, Finance, and Industry (MOPFI) will give tax breaks and financial assistanc
India to buy huge amount of black gram as beans remain steady
Mar 27, 2020
The government of India has announced plans to import 400,000 tonnes of black gram beans from Myanma
Central Bank slashes interest
Mar 27, 2020
The Central Bank of Myanmar will slash interest rates by an additional 1 percent after lowering them
Will coronavirus infect FDI?
Mar 19, 2020
Despite a global economic downturn due to the ongoing coronavirus epidemic, Myanmar’s foreign
Highlights
In just one sentence
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Myanmar received over USD 6.7 million from China under the Lancang-Mekong Cooperation (LMC) Special
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Japanese auto maker and national automotive market leader Suzuki Motor has announced that it will in
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MOALI and JICA sign Memorandum of Understanding
Mar 27, 2020The Ministry of Agriculture, Livestock and Irrigation (MOALI) and the Japan International Cooperatio -
The Asian Development Bank (ADB) will make available USD 200 million through its Supply Chain Financ
Politics
Most important political updates
Returning migrants threaten efforts to seal borders
Mar 27, 2020
The government has attempted to close border checkpoints after confirming its first cases of COVID-1
First COVID-19 cases confirmed as country prepares for worst
Mar 27, 2020
The Ministry of Health and Sports has announced its first confirmed cases of COVID-19 in Myanmar. At
Myanmar officially virus-free despite lockdown
Mar 19, 2020
Myanmar remains one of the only countries in Asia with no official cases of the COVID-19 coronavirus
Military drops charges against journalists
Mar 19, 2020
The Myanmar Army (Tatmadaw) will no longer pursue controversial defamation charges against internati
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
