Myanmar businesses slow to adapt to improvements in Internet

Our study of the Myanmar industry shows that Myanmar businesses are still lagging behind in the use of Internet technology. We studied 72 audit/accounting firms and 44 law firms in Yangon and were flabbergasted to find that 93% and 68% respectively do not have websites and 70% of them are still using Gmail. Our study […]

Planning for the Future American law firm opens in Yangon

An American law firm which recently opened an office in Yangon says it is poised to announce investment deals between some of its US clients with leading Myanmar companies. The deals were foreshadowed by Mr Eric Rose, lead director of New York-based Herzfeld Rubin Meyer & Rose (HRMR), which says it is the first licensed […]

Myanmar Government moves to cool property market

Government officials say they are planning to introduce additional real estate transaction taxes to cool the overheated the sector. The statements follow announcements in state media last week that a tax on real estate transactions will not be lowered from its current 37 percent, despite industry pressure. Deputy Minister of Finance Maung Maung Thein said […]

Australian Law Firm Webb Henderson appointed as Legal Counsel for Ooredoo

Webb Henderson has ventured some distance from its humble origins as a trans-Tasman firm with its latest achievement: the firm has been appointed as legal and regulatory advisors to Qatar, Abu Dhabi and London-listed communications company Ooredoo for its Myanmar operations. The firm is advising Ooredoo on strategic regulatory, corporate and commercial matters as Ooredoo […]