Myanmar

In 2017 the Myanmar government continued its efforts to update and streamline the country’s legal framework. The long-awaited Companies Law has been enacted and is expected to greatly modernise the corporate regulatory regime, bringing it in line with international best practices.

By implementing the National Education Law, along with its supporting policies, the National League for Democracy government has demonstrated its commitment to improving educational quality and access. Building upon these efforts, the Ministry of Education (MoE) has announced a medium-term strategy – the National Education Strategic Plan (NESP...

ETIQUETTE: In a formal setting “U” should be used in front of a name when addressing a man and “Daw” when addressing a woman, roughly translating to Mr and Lady. It is common practice to remove your footwear before entering someone’s workplace or home, but not always required. Removing shoes before...

Although countries vary when it comes to their economic priorities, the need for increased skilled labour is both a cause of and a requirement for accelerated growth that spans markets and continents. This demand for technical specialists from Mexico to Indonesia is often most concentrated in the sectors that are vital to economic advancement...

Myanmar’s tax regime has undergone significant changes since the 2012 Reform Action Plan of the previous government. The plan includes broadening the tax base while lowering rates, placing reliance on indirect taxes, introducing self-assessment in direct taxation and rationalising the tax incentive system for investment.

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A larger supply of highly educated and technically skilled workers is needed if Myanmar is to succeed in fulfilling its economic potential. Achieving this will require systemic reforms and significant investments to meet the growing demands of both businesses and citizens for a quality education system. Raising the standard of education will...