USA investment sanctions on Myanmar removed
On September 14, President Obama met with State Counsellor Daw Aung San Suu Kyi and announced plans to lift U.S. sanctions on Myanmar. The announcement is a major and historic…
Myanmar Business Visa’s explained
Any Foreign National who wishes to enter Myanmar, must obtain a visa unless he or she is a citizen of one of the eligible visa exempt countries (see below). All…
Myanmar – new products to be exempt of import licences
The Ministry of Commerce has announced an updated list of products, which will no longer require an import licence from 1 September. This is good news for importers and Myanmar…
A shopper chooses goods at an Aeon chain store in Tokyo July 6, 2011. Aeon Co, Japan's No.2 retailer, raised its full-year net profit forecast on Wednesday by a quarter because it cost less than expected to repair the damage its stores suffered in the March 11 earthquake and tsunami. REUTERS/Kim Kyung-Hoon (JAPAN - Tags: BUSINESS) - RTR2OINC
Retail giant ÆON Co., Ltd. announces a joint venture company in Myanmar.
Earlier this year in April, ÆON Co. Ltd., the largest retailer in Asia and Creation Myanmar Group of Companies Limited (CMGC) formed Aeon Orange Co., Ltd. Aeon Orange acquired assets…
Medical sector sees changes to import tax laws, favouring further import opportunities.
Changes have been announced that relate to the tax applied on medical products entering Myanmar. This was part of the role completed by The Myanmar Pharmaceutical & Medical Equipment Entrepreneurs…
New Investment law in Myanmar will benefit foreign investors and authorise IPOs for joint ventures
It has been confirmed that when the new Myanmar Investment Law is passed, one of the key changes will mean a stop to the benefits currently available for a five-year…
Apollo Towers Myanmar receives a $250 million loan from USA – Overseas Private Investment Corporation (OPIC).
Apollo Towers Myanmar has been rapidly improving the communications infrastructure in Myanmar. They are part of the Tillman Global Holdings Group USA. For Myanmar they are working with TPG Growth…
New Members announced for the Myanmar Investment Commission
The Republic of the Union of Myanmar President Office has confirmed the new members of the Myanmar Investment Commission, MIC, chaired by U Kyaw Win, the Union Minister of Planning…
Singapore Myanmar Investco wins franchise to provide Crystal Jade speciality restaurants in Myanmar.
Singapore Myanmar Investco (SMI) Limited has been granted an exclusive franchise agreement by Crystal Jade Management (Vietnam) Pte Ltd to open speciality Chinese restaurants in Myanmar. SMI (SGX Stock Code:…
Myanmar lowers new company registration fees encouraging local and foreign investment.
The Directorate of Investment and Company Administration (DICA) has announced changes. New company registration fees will apply from today, 1 June, 2016. The changes will help new private company registrations…
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