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The government’s effort to update and streamline its foreign and domestic investment laws has finally been achieved with the enactment of the Myanmar Investment Law (MIL) in October 2016. Apart from extending automatic investment protections to citizen and foreign investments, which cover a range of asset classes including shares and property, the MIL also introduces a new regulatory mechanism...

A series of exhilarating changes took place in Myanmar in 2016, from the installation of a new democratic government in April 2016 with Daw Aung San Suu Kyi at the helm to the lifting of two decades of economic and financial sanctions by the US. Changes are not just taking place in the political sphere. The legal landscape is also keeping pace, with game-changing legal reforms promulgated in...

Recent liberalisations are set to transform the insurance sector in Myanmar, and the potential for future growth is remarkable. For almost half a century, business lay entirely in the hands of the state. That fact, plus economic isolation and slow growth, mean that the country is presently the least insured in the ASEAN region, with...

With an estimated 19,000 cu metres of water available per person per annum, Myanmar might be called a regional water superpower. Its capacity for water storage is nine times that available in China, five times that in Vietnam, and 16 times the amount in both Bangladesh and India. The total catchment area of its 10 main rivers covers some 737,...

In the wake of sweeping reforms undertaken since 2011, Myanmar’s banking sector has been advancing at a rapid pace to become safer, sounder and better regulated. The majority of banking institutions are rising to the challenge by adopting international best practices, especially in terms of accountancy, and investing in systems that promise to...