The “Golden Land”, officially known as the Republic of the Union of Myanmar and formerly as Burma, has undergone dramatic reforms in recent years under the administration of President U Thein Sein. The rapid transition from a military junta to an open economy has surprised the global community and will see Myanmar assume the ASEAN chair for the first time in 2014.
The Myanmar Companies Act requires companies to appoint an auditor, and the first auditor may be appointed by a company’s directors. Subsequent auditors may be proposed by the company’s directors and approved by the shareholders at the annual general meeting.
With a growing number of courses across the country, Myanmar is quickly becoming a regional golfing destination. There are a dozen courses in the business capital of Yangon alone, and more on the way, meaning golfers are spoilt for choice. While locals may be known for their down-to-earth mentality, they show real enthusiasm once they are out on...
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