What are Corporate services, and Why Do Businesses Outsource? Corporate services refer to a range of support activities that businesses need to operate efficiently, such as company registration, corporate secretarial…
Nowadays' globalised economy, business expansion is increasingly becoming an essential part of many companies' growth strategies. Venturing beyond domestic markets to seek opportunities in foreign countries, a process known as international expansion, can significantly enhance a company's market reach, competitive edge, and overall profitability.
As we approach the end of the year, businesses across Myanmar are gearing up for a critical process: wrapping up their financial affairs. The financial year-end represents a pivotal moment…
Essential Legal Considerations for Business Acquisition in Myanmar
Renewing your Foreigner Registration Certificate ("FRC") for foreigners residing in Myanmar before December 31st is essential. Beyond being a legal obligation, it is a crucial measure for the seamless renewal…
As Myanmar catches up with the rest of the world with the spread of COVID-19, it becomes apparent that the effects of the ‘Great Lockdown’ will soon be felt across…
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…
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…
