Other Briefings
China-ASEAN Cost of Business Comparisons – Executive Summary
Our nine part series on the cost of doing business in ASEAN compared with China details cost of labor and taxes, together with bilateral trade profiles between China and ASEAN countries.
ASEAN’s 2015 AEC Compliance Deadline – What It Actually Means
Chris Devonshire-Ellis explains what the much publicized “AEC Deadline” which is due at 31st December 2015 really means for your business in ASEAN.
The Cost of Business in Myanmar Compared With China
The fifth part in our comprehensive look at how doing business in ASEAN compares with China, this time focusing on Myanmar.
ASEAN Exchanges: Myanmar Integrates Further
Myanmar’s Deputy Finance Minister, Maung Thein, has announced that the over-the-counter Myanmar Securities Exchange Centre (MSEC) will be replaced with the Yangon Stock Exchange in October 2015. So far, ten companies are expected to meet the criteria for initial listing on the exchange.
OECD and ASEAN Release Investment Policy Review of Myanmar
On December 9th, the Second ASEAN-OECD Investment Policy Conference was held in Jakarta, Indonesia, to discuss the continued facilitation and promotion of ASEAN investment for regional integration. The event brought together ASEAN investment policy makers, Organization for Economic Cooperation and Development (OECD) members, and industry leaders, to showcase ASEAN’s regional investment integration achievements since the first conference in 2010. Included at the conference was the release of the OECD’s Investment Policy Review of Myanmar, which marked the country as one to watch heading into 2015.
Myanmar Expands List of Mandatory JVs, Cuts Import Tax Benefits, Seeks Investors for SEZ
In a number of new pieces of legislation and other actions, the Myanmar government has expanded the list of business activities that require the formation of a joint venture (JV), cut import tax benefits for a variety of businesses, and has announced that it is seeking investors for a new Special Economic Zone (SEZ).
Myanmar Establishes New Special Economic Zone
Plans are currently underway to develop a new special economic zone in Myeik. Located in Myanmar’s southeastern Tanintharyi region, Myeik is home to one of Myanmar’s growing number of industrial zones.
Vietnam and Myanmar Sign MoU to Strengthen Mutual Cooperation in the Banking Sector
Vietnam and Myanmar are building economic ties, primarily in the banking sector, after signing a memorandum of understanding on cooperation between a state-owned Vietnamese bank and a Myanmar industrial-related bank in Yangon earlier this month.
First Round of RCEP Negotiations Conclude
The first round of negotiations on the Regional Comprehensive Economic Partnership (RCEP) wrapped up on Sunday after being launched by the Association of Southeast Asian Nations (ASEAN) and six free trade agreement (FTA) partners last week.
EU Removes Sanctions Against Myanmar
On Monday this week, the foreign ministers of the European Union (EU) permanently ended the majority of its sanctions against Myanmar, with support for removing them permanently growing in step with recent democratic, economic and human rights reforms in the country.
