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 […]
Delay in Companies Law Negative, but not Surprising
December 17, 2017 by thiha
Filed Under: Latest News Tagged With: Chair of American Chamber Legal Group, Co Chair of EuroCham Legal Affairs Advocacy Group, Companies Law, Company Administration, Condominium law, DFDL Partner, DICA, director of DICA, IMF Mission Chief for Myanmar, Investment Law, Jean Loi, Managing Partner at VDB Loi, Myanmar Directorate of Investment, Nishant Choudhary, Partner at Kelvin Chia Yangon, Pedro Jose F Bernardo, President U Htin Kya, Senior Executive Officer of the Yangon Stock Exchange, Shanaka Peiris, The Myanmar Companies Law, The Myanmar Times, U Aung Naing Oo, U Myo Min, William Greenlee