There are calls from Myanmar Government Ministers for the remaining sanctions in the USA Patriot Act to be lifted. For example, problems arise when Myanmar Embassies attempt to transfer funds…
Since the removal of sanctions imposed by the USA, more American companies are keen to invest in Myanmar. This was confirmed by the US Ambassador to Myanmar, Mr Scot Marciel,…
New priority areas have been confirmed by the Myanmar Investment Commission (MIC) to encourage investors. There is a new priority list stipulating ten areas. Investors targeting these areas will receive…
Products from Unison Collaborative are now available via a local source in Myanmar. FocusCore was chosen to help Unison Collaborative setup a joint venture in Myanmar for the import and…
WE DIT IT! Some time ago FocusCore received a call asking for help to obtain administrative licences and Government Approvals, to allow a new school to open in Mandalay. The…
The European Union operates a Generalised System of Preferences (GSP) facility. This is granted unilaterally to developing countries. This translates into special tariffs that has seen value of exports to…
New rules have been announced relating to the funds required by an overseas insurance company, when operating in Myanmar. In the past, the capital fund required was set at $1…
The Myanmar Companies Act will reform the regulation of companies, encourage more investment from overseas, and authorise foreign investors to purchase shares on The Yangon Stock Exchange. It is expected…
Contract Staffing and Payroll Services are now a very popular solution in Myanmar. Why companies are choosing FocusCore and MyWorld Careers in Myanmar. The staff are hired by MyWorld, through…
KANBAWZA Bank (KBZ Bank) Limited, part of the KBZ Group of companies, has confirmed that they now have USD settlement account facilities via the international bank, Sumitomo Mitsui Banking Corporation’s…
