MIC issues ‘ominously broad’ foreign investment restriction

A directive issued at the end of March by the Myanmar Investment Commission has added an additional layer of complexity for foreign investors and granted ministries greater scope to make exceptions on a case-by-case basis. The notification – designated 26/2016 – adjusts the list of economic activities that require a joint venture under the Foreign Investment Law. In […]

Yangon Stock Exchange weak on corporate governance rules: observers

While globally an initial public offering usually means throwing the doors to your company wide open and letting investors poke around, industry observers say the Yangon bourse has not gone far enough on provisions for transparency. According to listing criteria published in state media last August, companies that wish to go public on Yangon’s stock […]

OBG Teams Up with Kelvin Chia Yangon Ltd

UK-based publishing firm Oxford Business Group (OBG) has signed a memorandum of understanding on research with law firm Kelvin Chia Yangon Ltd to produce the Law Chapter of OBG’s country report for Myanmar in 2016. This is the third time that OBG has teamed up with Kelvin Chia to provide analysis of Myanmar’s legal framework. […]