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Jul 14, 2023
Central Bank of Myanmar moves to increase foreign exchange liquidity
The Central Bank of Myanmar allows exporters to exchange 50% of earnings at market rates.
Jun 27, 2023
Latest on Myanmar foreign remittance controls
CBM to review all foreign currency purchases.
Apr 14, 2022
Myanmar's New Foreign Currency Restrictions
A detailed analysis of Myanmar's new foreign currency restrictions.
Apr 7, 2022
Import licences need to be in order!
Make sure to have licences for imports prior to arrival in Myanmar ports
Feb 7, 2022
Temporary relief for unlicensed imports
Customs Department to provide a 1 month grace period for imports which have been added to the licenced import list.
Sep 15, 2021
Dropping exchange rate controls
Restrictions requiring banks and money changers to use the Central Bank of Myanmar's reference rate for currency exchange are dropped.
Jun 7, 2021
Myanmar adds soap and toothpaste to import ban
Ban on importing soap, soap powder and toothpaste over Myanmar's land border
Jun 2, 2021
Myanmar concessional import licence fees have ended
Myanmar has ended concessional flat rate import licence fees
Apr 30, 2021
Myanmar restricts importing food products overland
Myanmar restricts the import of certain food products over its land borders, mainly affecting trade with Thailand and China.
Mar 10, 2021
Regulations for operating a car dealership in Myanmar
What is required to operate a new car dealership in Myanmar
Mar 9, 2021
Selling heavy vehicles and machinery in Myanmar
Distributing heavy vehicles and machinery for commercial use
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...
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...