International Chambers of Commerce in Myanmar from Australia, Britain, Europe (EU), France, Germany, Italy, and The United States have come together as signatories to publish their encouragement for more foreign…
In our blog of last November we outlined the news of a new Directive, issued by the Central Bank of Myanmar (CBM), authorising wholesale banking to be supplied by foreign…
September 2018 FocusCore Myanmar published a blog with the headline “MYANMAR opens its doors to Overseas Insurance companies – contact FocusCore today”. Now, following more work on processes to liberalise…
A service to provide background checks for lenders is finally going to open in Myanmar - Myanmar Credit Bureau Limited, MCBL. Over the last three years a lot of effort…
A new Directive has been issued by the Central Bank of Myanmar (CBM). Wholesale banking services are now allowed to be supplied by foreign banks to foreign corporates, foreign financial…
In October the Myanmar Investment Commission (MIC) launched the Myanmar Investment Promotion Plan (MIPP). The aim, to attract more than USD 200 billion over the next 20 years. This has…
The Government in Myanmar is reviewing tax laws with potential changes expected in the near future. For companies, correct tax reporting will be even more important. Selecting the correct corporate…
We have received many calls from companies seeking more information on the changes that came into effect in August of this year, via the Myanmar Companies Law. Here is an…
From 1st October 2018 insurance companies from overseas will be authorised to trade in Myanmar. This huge change for Insurance Companies, that also benefits all companies in Myanmar and the…
The Central Bank of Myanmar (CBM) has now, as predicted, authorised overseas banks operating in Myanmar to offer facilities for exports AND imports. Previously, it was only the Myanmar Banks…
