Containers in port

New law aims to reduce imports

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The Myanmar parliament has passed legislation designed to limit foreign imports, boost domestic manufacturing and strengthen the Myanmar kyat. The new law calls for the formation of a new Committee for Preventing an Increased Quantity of Imports (und

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DICA reduces registration fees for new companies

New companies registration fees reduced

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New companies will now pay less to register in Myanmar. The Directorate of Investment and Company Administration (DICA) announced that registration fees will drop from MMK 250,000 to MMK 100,000 beginning October 1, which is the start of the 2019-202

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