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.…
FocusCore finds synergy with Asia Green Development Bank (AGD)
FocusCore works with companies to help them complete all the necessary steps to incorporate their company in Myanmar. Now, when client companies visit FocsCore, an AGD Bank team can also…
Myanmar New Investment Law: details emerge encouraging investment
The key figure is 100. Projects that move over 100 people or projects with budgets of over $100m or projects targeting areas of over 100 acres (1000 acres if agricultural)…
Myanmar Department of Civil Aviation supports public-private agreements to develop airports.
The Department of Civil Aviation Myanmar (DCA), the government agency operating under The Ministry of Transport, is planning to obtain approval for public-private invested upgrades for airports across Myanmar. This…
Record levels of foreign investment in Myanmar – why is this now important for your company?
Foreign Direct Investment has a catalytic effect on a country, which can trigger a sooner than expected demand for products and services. We have listed here many of the changes,…
Singapore is now the largest investor in Myanmar.
Recent figures released show that Singapore has overtaken China as the top investor in Myanmar. The figures include indirect investment from America and European Union Countries. Now Singapore has 55%…