Myanmar parliament elects Win Myint as new president

YANGON — Myanmar’s parliament on Wednesday elected Win Myint, the former speaker of the lower house, as the country’s new president, a move that may signal a more substantive role for the head of state compared with his figurehead predecessor. The parliamentary appointment of Win Myint followed the resignation of President Htin Kyaw last week. […]

Myanmar eases investment rules amid Bengali headwinds

YANGON — A new company law has come into effect in Myanmar to encourage investment by foreign companies in the Southeast Asian nation. The new law, which has drastically revised the old company law put into force in 1914 when the country was under British rule, permits companies whose ownership by foreigners does not exceed […]