Investment

NEWS & RESOURCES

Aug 30

Myanmar electricity tariff to increase

Electricity tariff to almost triple for some businesses.

Aug 15

Central Bank of Myanmar to increase interest rates

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...

Aug 12

Myanmar's minimum wage increase - sort of

Myanmar's minimum wage increases in August 2024

Jun 27, 2023

Latest on Myanmar foreign remittance controls

CBM to review all foreign currency purchases.

Jul 16, 2022

Myanmar opens up the non-banking financial sector to 100% foreign participation

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

Apr 14, 2022

Myanmar's New Foreign Currency Restrictions

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

Jul 1, 2021

MIC updates operating procedures for state and regional investment committees

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

May 25, 2021

New solar tender

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

Mar 27, 2021

Members are appointed to the Myanmar Investment Commission

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

Mar 10, 2021

Regulations for operating a car dealership in Myanmar

What is required to operate a new car dealership in Myanmar

Mar 4, 2021

Importing used machinery into Myanmar

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

Feb 17, 2021

Myanmar Business & Legal Update

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...

Jan 24, 2021

MIC tightening regulations on customs and import duty exemptions

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

Feb 1, 2019

Central bank news on foreign investment

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

Dec 9, 2018

Ayeyarwady Region Investment Fair

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

Aug 22, 2018

Allowing greater foreign participation in import/export

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

Jun 8, 2018

The Myanmar Companies Law 2017

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