Myanmar

This chapter examines the legal system of Myanmar, focusing on the implementation of the Myanmar Companies Law and its online portal, the new Competition Commission and anti-corruption code, adjusted capital requirements for foreign firms and joint ventures and the increase in minimum wage in March 2018. It also contains a viewpoint from Cheah Swee Gim, Director, Kelvin Chia Yangon.

This chapter offers an overview of Myanmar’s tax system, focusing on the implementation of the second phase of its of Reform Action Plan 2012, which aims to establish an effective and fair tax system with increased tax revenue, as well as the introduction of self-assessment bookkeeping and of capital gains payable on any capital asset exchanged. It also contains an interview with U Win Thin,...

Since Myanmar’s democratic transition began in 2011, the education sector has undergone a significant transformation under successive administrations. Higher government spending and the easing of restrictions on foreign investment in private schools have paved the way for increased enrolment rates and improvements in education infrastructure. Despite these developments, notable demographic and...

Myanmar has emerged in recent years as a sought-after tourist destination in a region known for its tourism attractions. Since the country opened its doors through political reform in 2011, many have been attracted to its diverse landscapes, rich culture and heritage. While infrastructure challenges remain, and low hotel occupancy rates affect small businesses, a decline in visitors from Western...

Myanmar is well known for the untapped potential of its extensive mineral portfolio. Home to the world’s largest deposits of jade and some of the most sought-after rubies, it also has substantial deposits of lucrative metals as well as industrial minerals. Despite significant deposits, foreign investment across Myanmar’s mining sector has lagged behind other key industries due to...

On the back of inefficient government policies and limited public expenditure, the agriculture sector dwindled under military rule. However, in the wake of economic liberalisation, increased investment and structural reform, the sector’s potential is ready to be unlocked. In recent years efforts have been made to enhance agricultural output with greater investment in production and post-harvest...