Since the termination of foreign assistance in 1988, Myanmar has had to continually struggle to maintain its foreign currency reserves. Historically, servicing of foreign debt obligations has placed the greatest amount of pressure on the foreign reserves. Prior to 1987/88 deficits of the overall bala...
CDATA[Foreign companies to bid for Myanmar licence.Foreign company will be a minority shareholder in a joint venture with a consortium of 11 local companiesStubbsAgnesGlobal Telecoms Business
YANGON, May 11 (Xinhua) -- Myanmar government announced Friday both foreign companies and Myanmar-foreign joint ventures are allowed to conduct domestic retail and wholesale businesses in the country. An order of the Ministry of Commerce said such business activities are granted with the aim of br...
According to the report, Myanmar sees a total of 150 foreign companies from over 17 countries invest in the zone and 40,000 job opportunities will be created. Thilawa SEZ represents the first of its kind being developed in Myanmar with the other two - Dawei and Kyaukphyu SEZs being in pro...
On 20 April 2022 the Central Bank of Myanmar (CBM) announced a broad exemption for foreign entities from its recently introduced requirement that locally held foreign exchange must be converted into local currency.
Myanmar's foreign trade has reached over 9.7 billion U.S. dollars in the first three months of the 2023-24 fiscal year, according to figures released by the Ministry of Commerce on Monday. The figure was up, as compared to over 9.6 billion dollars registered in the same period a year ag...
The Myanmar government is planning to open the country’s fledgling insurance industry to foreign companies next year as well as loosen restrictions for local players. Work has already begun on a “liberalisation roadmap” that needs to be presented to the government in December, ...
YANGON, July 4 (Xinhua) -- Myanmar's Yangon Stock Exchange (YSX) will soon allow foreign investors to trade on the exchange, the local Voice Daily reported Wednesday. The new Companies Law, which will allow foreign investors to take up 35 percent in local companies as well as to trade at...
of the lack of Thai companies with advanced technology in those ten targeted industries and services, Thailand needs to solicit foreign companies with sophisticated technology to come to invest in Thailand, especially in the EEC area. The BOI now offers investment incentives to those companies.10 ...
SBI among 4 newforeign banks allowed to operate in Myanmar RCEP Myanmar Central Bank of Myanmar State Bank of India time: 2024-05-27 11:23:50 views: 9879 Decline offoreign banks' IPO role driven by competition, not closed system IPO ...