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Amid Int’l Espionage Concerns, Mandalay to Embrace Huawei for ‘Safe City’ Project

As part of its high-tech makeover to become a “smart city” with a view to enhancing the rule of law and security, Myanmar’s second largest city Mandalay is ready to embrace Huawei, prompting questions about whether upper Myanmar’s business hub will become prone to data theft and state-sponsored spying—both of which the Chinese telecom giant […]

Myanmar targets FDI from East Asia in long-term investment plan

Myanmar is gunning for more foreign direct investments (FDI) from East Asia in the next 20 years under its new Myanmar Investment Promotion Plan (MIPP), U Than Aung Kyaw, deputy director general of the Directorate of Investment and Company Administration (DICA) told The Myanmar Times at a book launch in Yangon on Thursday. Besides strengthening […]

Laws to protect intellectual property, encourage business in the works

Businesses in Myanmar still rely on outdated colonial-era laws enacted by the British more than one hundred years ago to protect intellectual property (IP) rights. The encourage growth, draft laws are being formulated in the Hluttaw to update the country’s regulations covering IP rights, copy right law, industrial law, patents and trademarks for enactment. To […]

Myanmar urged to fix key issues for industrial revamp

MYANMAR’S potential to become a regional investment hub would be realised only if the government manages to address major challenges businesses are facing in the nation, a banking expert has warned. Than Lwin, a senior consultant at KBZ Bank Ltd and former deputy governor of the Central Bank of Myanmar (CBM) stressed the importance of […]

What’s new, copycat?

Myanmar’s designers are pinning their hopes on a new copyright law That people wear reveals as much of their personality as the cultural traits of their country. Creators and designers are not only business people making clothes or accessories for a living, but artists embellishing and also chronicling the ways of their own societies. As […]

New Myanmar investment law is the ‘right move’

INTERNATIONAL lawyers have welcomed Myanmar’s new investment law, saying it will create a better investment environment for both local and foreign investors once enforced. Jo Daniels, managing partner of Baker & McKenzie Myanmar, said at a media roundtable that the new law could be one of Myanmar’s most significant legal reforms once approved by the […]

Trademark Protection – ‘They Realize They’re Stuck with Laws and Concepts That Are Dated’

A set of intellectual property (IP) laws, covering patent, copyright and trademark protections, is slated to go before Burma’s parliament by mid-2015. The legislation, currently being drafted by Burma’s Ministry of Science and Technology, is expected to bring Burma into line with its obligations under the World Trade Organization’s Trade-Related Aspects of Intellectual Property Rights […]

Long delayed IP law undergoing legal review

: A law to regulate intellectual property – covering essential matters of copyright, design, trademarks and patents – could finally be passed later this year as the latest draft is now undergoing legal review before its submission to parliament. A strong IP law is considered vital to attracting foreign investors who might otherwise be concerned […]

IP laws reach final draft

Pirates beware: A law protecting intellectual property (IP) could soon be on the books after intensive discussions with local and international experts on copyright, trademarks and industrial design, officials said. After 11 rounds of discussion and amendments, and with input from the World Intellectual Property Organisation (WIPO) and the Japan International Cooperation Agency (JICA), the […]

Myanmar aims for US duty free by 2014

Myanmar’s exporters stand to benefit from duty-free access to the United States by the end of the year under the US Generalized System of Preferences, experts say. The Ministry of Commerce said Myanmar must prove that it has improved labour rights and its property laws in line with the international standards provided by foreign institutions. […]