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New retail directive well-received, but raises unanswered questions

Myanmar has taken pains to liberalise its economy and draw foreign investors to become more competitive. Over the past two years, it has rolled out major new legislation including the Condominium Law, Investment Law and Companies Law. This year, it released two new directives opening up the education and retail sectors to full foreign ownership, […]

Pulse of the future: pilot trading program begins

Beans and pulses traders have begun a pilot program selling futures contracts, as business leaders look to develop a futures market for commodities in the country. Currently most agricultural commodities in Myanmar are sold “on the spot” for immediate delivery, but introducing futures contracts means an agreement to sell a commodity would come on one […]