Foreign Banks operating in Myanmar can now open branches across all of Myanmar to provide banking services to retail customers. This has been awaited eagerly and provides another boost to…
Insurance is an important global service - vital to commerce and private individuals. 1.) Why is insurance important to an emerging market? 2.) How does insurance underpin market-entry and business…
International Chambers of Commerce in Myanmar from Australia, Britain, Europe (EU), France, Germany, Italy, and The United States have come together as signatories to publish their encouragement for more foreign…
In our blog of last November we outlined the news of a new Directive, issued by the Central Bank of Myanmar (CBM), authorising wholesale banking to be supplied by foreign…
September 2018 FocusCore Myanmar published a blog with the headline “MYANMAR opens its doors to Overseas Insurance companies – contact FocusCore today”. Now, following more work on processes to liberalise…
A service to provide background checks for lenders is finally going to open in Myanmar - Myanmar Credit Bureau Limited, MCBL. Over the last three years a lot of effort…
A new Directive has been issued by the Central Bank of Myanmar (CBM). Wholesale banking services are now allowed to be supplied by foreign banks to foreign corporates, foreign financial…
In October the Myanmar Investment Commission (MIC) launched the Myanmar Investment Promotion Plan (MIPP). The aim, to attract more than USD 200 billion over the next 20 years. This has…
The Government in Myanmar is reviewing tax laws with potential changes expected in the near future. For companies, correct tax reporting will be even more important. Selecting the correct corporate…
We have received many calls from companies seeking more information on the changes that came into effect in August of this year, via the Myanmar Companies Law. Here is an…
