Electricity tariff to almost triple for some businesses.

The Central Bank policy interest rate is to increase from 7% to 9% from 1 September 2024. On 14 August 2024, the Central Bank of Myanmar...

Myanmar's minimum wage increases in August 2024

CBM to review all foreign currency purchases.

Foreign investors to be able to operate finance and leasing businesses in Myanmar.

A detailed analysis of Myanmar's new foreign currency restrictions.

Investments of below USD5 million are approved by state and regional investment committes in Myanmar. A notification of the Myanmar Investme

The Electric Power Generation Enterprise (EPGE) under the Ministry of Electricity and Energy published, on 24 May 2021, an invitation to...

The Myanmar Investment Law 40/2016 (MIL) is the key law regulating and promoting investment in Myanmar. The MIL provides investors with...

What is required to operate a new car dealership in Myanmar

The Ministry of Commerce (MOC) has issued Notification No.8/2021 on 20 Jan 2021 (Notification) specifying the conditions for the import...

Our latest business and legal update from the frontline in Myanmar. With so much happening it's hard to predict what the outcomes will be...

The Myanmar Investment Commission’s (MIC) announcement on 20 January 2021 seeks to regulate the use of customs and import duty exemptions...

Central Bank of Myanmar notice allowing foreign investment in Myanmar banks. Read more

The SCM team recently attended the Ayeyarwady Region Investment Fair in beautiful Ngwe Saung. It was an initiative of the MIC, the...

The Myanmar Government has followed up this week’s blockbuster Companies Law reform by announcing details of incremental liberalising...

The Myanmar Companies Law 2017 commences on 1 August.  Members of the SCM Legal team drafted this law and have been assisting with its...