Myanmar’s government issued Notification 79 of 2020, which describes the latest tax compliance measures for non-profit organizations.
The Japan International Cooperation Agency (JICA) recently approved US$46.5 million in low-interest loans to businesses in Myanmar.
Myanmar’s new Insolvency Law aims to introduce a modern insolvency regime for investors and entrepreneurs. Read on to learn more.
Myanmar has extended visa on arrival access to Austria, Hungary, New Zealand, Czech Republic, and Luxemburg. Read on to learn more.
Myanmar offers a promising economic environment for construction and real estate investors. The country’s construction sector is only expected to grow in the coming years. Find out more in our latest article.
ASEAN continues to be an important FDI destination for European investors. Read more about Germany’s investments in Malaysia and Myanmar in the third part of our five-part article on German FDI in ASEAN.
A large and cheap workforce, natural resources and generally low production costs make Myanmar a perfect destination for foreign investment. Read our latest article to understand Myanmar’s latest FDI trends and outlook for 2019.
Myanmar’s clothing exports have grown from US$337 million in 2010 to US$1.46 billion in 2015, and could reach US$12 billion by 2020. Learn about opportunities for foreign investment in Myanmar’s burgeoning garment industry, and the driver’s of the country’s growing competitiveness.
Myanmar’s commerce ministry recently issued a call for investments in economic zones that are planned to be set up on the country’s border with China. Read our latest article to find out where these zones will be located and how they would impact trade and investment between the two countries.
Myanmar’s union government has increased the country’s daily minimum wage for an eight-hour work day from Kyat 3,600 (US$2.65) to Kyat 4,800 (US$3.54). The wage increase is the first since Myanmar introduced a minimum wage as part of the government’s labor market reforms in 2015.