This chapter gives an overview of Myanmar’s legal system, examining recent developments such as the New Companies Law. This section also outlines investment rules and incentives for foreign input, as well as a new banking regulation enabling the formation of a credit bureau. It also contains a legal framework viewpoint from Cheah Swee Gim, Director, Kelvin Chia Yangon.
Legal Framework
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Chapter | Legal Framework from The Report: Myanmar 2018
Occupying a strategic position at the crossroads of India, China and Thailand, and now in its seventh year of sweeping economic liberalisation and political transition, Myanmar remains one of the fastest-growing economies in South-east Asia.
Although Bahrain has faced economic headwinds in recent years, the modest recovery of oil prices in 2017 bodes well for the future in addition to the non-oil sector driving growth, with activities unrelated to hydrocarbons extraction forecast to expand by 3.9% in 2018.
Interviews & Viewpoints | Hatim Q Zu’bi, Partner, Zu’bi & Partners: Viewpoint from The Report: Bahrain 2018
In 2002 Bahrain was among the first GCC countries to introduce legislation regarding electronic transactions. Legislative Decree No. 28 of 2002 promulgating the Electronic Transactions Law governs a wide array of electronic transactions and includes provisions on various issues, from the legal recognition of electronic records to formalities...
Articles & Analysis | Bahrain's laws continue to evolve in response to the shifting economic landscape from The Report: Bahrain 2018
Bahrain’s Bankruptcy and Composition Law, promulgated by Legislative Decree No. 11 of 1987, aims to establish a balance between creditor and debtor interests. Honest and unfortunate merchants who suspend payment of their commercial debts are eligible to file for bankruptcy and conclude a conciliation with their creditors. The law also protects...
Chapter | Legal Framework from The Report: Bahrain 2018
This chapter contains an overview of the legal framework in which local and international investors operate in Bahrain, including a look at the laws governing business in the kingdom and an explanation of the rules covering bankruptcy proceedings.
This chapter contains a viewpoint from Hatim Q Zu’bi, Partner, Zu’bi & Partners.