Singapore’s early movers going strong

Four employees of corporate law firm Kelvin Chia Yangon huddle in a small hotel room. It has been turned into a simple office equipped with old desktop computers and a table to receive clients. In the toilet are neat stacks of work files and folders, flanked by rolls of toilet paper as well as dishes […]

Officials seek to calm investor concerns at conference

Campaigning is now under way ahead of the November 8 election, and business are wary of political considerations which may affect their plans in Myanmar. Government ministers and senior advisors have sought to downplay these concerns, likening the vote to just another sea to be crossed, and pointing to the country’s long-term potential. U Zar […]

No foreign-local joint ventures to list on YSX at first

Joint ventures between local and foreign companies will not be permitted to list on the Yangon Stock Exchange at first, according to Dr Maung Maung Thein, chair of the Securities Exchange Commission of Myanmar. While the rules will eventually be changed to allow for foreign-local joint ventures to sell shares, that may be some time […]

Rewrite of Companies Act still in process, ADB says

US law firm Baker & McKenzie joins process of amending century-old legislation seen as key to making it easier to do business in Myanmar The update of the century-old Burma Companies Act is still in process, more than a year after the Ministry of National Planning and Economic Development said the 1914 piece of legislation […]