USA companies on track to grow investment in Myanmar
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,…
Myanmar Investment Commission confirm priority areas to benefit foreign & local investors
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…
Unison Collaborative choose FocusCore to help set up a joint venture in Myanmar.
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…
First foreign charitable school in Myanmar to achieve NGO status. FocusCore chosen to obtain licences and Government approvals.
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…
Myanmar trading volumes reaches new records with the European Union.
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…
Flexible rules for overseas insurance companies in Myanmar.
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…
Myanmar Companies Act will become law before year end.
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…
Myanmar Contract Staffing and Payroll Services
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…
KBZ Bank opens New York US Dollar settlement facility via SMBC
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…
Singapore companies choose Myanmar for overseas trade
For local companies in Singapore international trade is creating more revenue than local trade. These are the findings from recently published research and the annual survey of International Enterprise*(IE) Singapore.…
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