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Delay in Companies Law Negative, but not Surprising

Implementation of the long-awaited Companies Law will be postponed until August 2018, Reuters reported Monday, citing top officials from Myanmar’s Directorate of Investment and Company Administration (DICA). Myanmar will delay implementing a new law that would have allowed foreign companies to take up to a 35 percent stake in local companies, bringing about badly needed reforms for […]

Business visa applications launch online

The Ministry of Immigration yesterday began accepting applications for single-entry business visas online, according to a senior official. The e-visa for business applicants will be run concurrently with an existing business visa-on-arrival program, said deputy director of immigration and national registration department U Aung Thiha. He said it would support the development of Myanmar’s economy […]