Myanmar government relaxes restrictions on foreign investment

Myanmar issues a new Myanmar Companies Act to attract foreign investment. The local companies are expected to take their businesses to a level. Editorial On 6 December 2017, Myanmar’s President U Htin Kyaw signed a new Myanmar Companies Act. The government aims to improve the investment environment and attract more foreign investors. “The Myanmar Companies […]

Myanmar Companies Act approved

President U Htin Kyaw signed the Myanmar Companies Act at the Pyidaungsu Hluttaw Wednesday, approving the most anticipated piece of legislation in the country this year. Under the new Myanmar Companies Act, foreigners will be permitted to take up to a 35 percent stake in local companies. It also stipulates that businesses with foreign stakes […]

Yangon: Bakers lands Grant Thornton’s Myanmar MP

Baker & McKenzie has hired Ola Nicolai Borge as partner from Grant Thornton Myanmar, where he was the managing partner. Borge has 15 years of experience in international tax as a tax and legal advisor, assisting clients on issues in relation to investments in Southeast Asia. Prior to joining Grant Thornton, he established and managed […]

Singapore-Led Consortium CPG Wins Kyaukphyu SEZ Consulting Tender

Subscribe to our tender alert mailing list YANGON — The Myanmar government has chosen a group of companies led by Singapore’s CPG Corporation to do consultancy work for the massive Kyaukphyu Special Economic Zone project. During a press conference Monday, a consortium of five companies led by CPG was named as the winner of an […]

Allen & Gledhill launches into Myanmar

Allen & Gledhill has become the latest Singapore firm to establish a presence in Myanmar, after launching an associate firm in Yangon. Allen & Gledhill has entered the emerging South East Asian market through establishing an associate firm branded as Allen & Gledhill (Myanmar). Located in Yangon, Allen & Gledhill (Myanmar) will be headed by […]