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 […]

TMH Telecom set to become Myanmar’s first true IPO

YANGON — TMH Telecom gained approval Monday to become only the fifth corporation to go public in Myanmar’s fledgling stock market — and the first to raise fresh capital through an initial public offering. The listing is expected to occur in January, though the announcement of the float’s approval by the Yangon Stock Exchange did […]

New companies Act to go into effect early next year

A new Myanmar Companies Act will be enacted in early 2018 to expedite the reregistration process for companies that come to invest in the country, said Union Minister for Planning and Finance Kyaw Win. The minister was speaking at the 13th joint meeting of the Myanmar Japan CCI Business Cooperation Committees. “Now, companies have to […]