In another exciting development in the Myanmar financial regulatory landscape, foreign life and non-life insurers can form joint ventures with local life and non-life insurers respectively. In addition, up to 3 (three) licenses will be granted to foreign life insurers to operate as wholly-owned subsidiaries. Therefore, foreign insurers will now play a much more active […]

Insurance, Finance and Trading Poised for Acquisitions in the Wake of the New Companies Law Myanmar’s economy is already quite open to foreign investment, but the few areas previously entirely closed to foreign ownership have just – nearly all- been opened as well. The new Companies Law 2017 allows, as the reader will by now […]

Myanmar currently has a number of coastline ports, with Yangon being the main port city in the country, handling about 85% of Myanmar’s import and export volume. Ports also see the development of major processing and manufacturing projects around them and the Government is setting Special Economic Zones (SEZ) along some of them (namely Thilawa, […]