• Legal Framework

    In-depth coverage of the local legal framework for business is an integral part of OBG’s analysis. Working in partnership with a leading local law firm, we review foreign investment laws, ownership restrictions, requirements for local partners and labour laws, among other topics.
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As Myanmar’s political and economic landscape continues to evolve, how would you assess the development of its legal infrastructure thus far?

 

Considered by many to be one of the last economic frontiers, Myanmar has been the object of investor interest for the past three years. As of November 30, 2015, data from the Directorate of Investment and Company Administration (DICA) shows that the total amount of foreign direct investment (FDI) for the period from 1988 to November 2015 has...

Chapter | Legal Framework from The Report: Myanmar 2016

This chapter examines Myanmar’s legislative climate for foreign investment as well as new regulations for the foreign exchange market and updates to legal codes. It also contains an interview with Cheah Swee Gimm, Director, Kelvin Chia Yangon.

Many have hailed Myanmar’s recent economic, political and social restructuring as ground breaking, and for good reason. In a relatively short period the country’s economy has gone from being largely isolated to being a focal point for foreign investment.

 

How can the legal framework for the mining industry be strengthened? Does this framework focus on social issues related to the industry?

 

Peru’s current modern legal framework has now been in place for more than 25 years. After several different governments, global economic crises and other phenomena affecting the country, its underlying legal framework has essentially remained the same. Laws may have changed and some experiments may have been conducted but, the country’s...

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