After a hiatus of 18 months the government of Oman returned to the international debt market in August 2019 with the issuance of a $3bn dual-tranch bond, made up of $2.25bn worth of 10-year bonds and $750m worth of five-year bonds. The issuance attracted considerable interest from investors, with the overall issue oversubscribed, attracting...
Industry and manufacturing is one of the key sectors expected to contribute to the country’s economic diversification strategy. In order to support the development of the sector, the government has unveiled a range of initiatives to attract investment. Industrial activities registered growth of 1.5% in 2018, contributing OR5.53bn ($14.4bn) to...
How would you characterise Myanmar’s overall business and investment environment?
ETIQUETTE: In a formal setting, “U” should be used in front of a name when addressing a man and “Daw” when addressing a woman. This roughly translates to Mr. and Lady. It is common practice to remove footwear before entering a workplace or home; removing shoes and socks before entering a pagoda or temple is required. A handshake is...
CHATRIUM HOTEL ROYAL LAKE YANGON 40 Natmauk Road, Tamwe Township +95 1 544 500 info.chry@chatrium.com www.chatrium.com Rooms: 300 rooms and suites, including 175 deluxe rooms (40 sq metres), 89 Chatrium club rooms (40 sq metres), 15 studio suites (61 sq metres), 15 deluxe suites (75 sq metres), 5 luxury suites (85 sq metres) and 1...
With the Industrial Design and Trademark Laws enacted in January, the Patent Law enacted in March and the Copyright Law in May, the year 2019 marked the start of a significant move towards stronger intellectual property (IP) protections in Myanmar. The country previously relied on colonial-era legislation, but the implementation of these...
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