More Filters
There were 1074 results found for:

All Regions and All Sectors

Overview

Myanmar seeks to raise standards across the education system
OBG
plus

A larger supply of highly educated and technically skilled workers is needed if Myanmar is to succeed in fulfilling its economic potential. Achieving this will require systemic reforms and significant investments to meet the growing demands of both businesses and citizens for a quality education system. Raising the standard of education will be key to expanding growth opportunities for the…

Overview

Private sector to drive growth and improve health care in Myanmar
OBG
plus

Driven by demand for better services from the country’s expanding middle class and bolstered by higher levels of public expenditure, growth in Myanmar’s health care sector is expected to accelerate. This comes during a time of regulatory relaxation, with the government drafting reforms intended to streamline the processes through which local and foreign companies are able to able to invest,…

Overview

Coordinated legal changes maintain tax reform momentum in Myanmar
OBG
plus

Myanmar’s tax regime has undergone significant changes since the 2012 Reform Action Plan of the previous government. The plan includes broadening the tax base while lowering rates, placing reliance on indirect taxes, introducing self-assessment in direct taxation and rationalising the tax incentive system for investment. New Features To this end, on March 15, 2012, the government issued 22…

Overview

Helpful tips for first-time travellers to Myanmar
OBG
plus

Etiquette In a formal setting “U” should be used in front of a name when addressing a man and “Daw” when addressing a woman, roughly translating to Mr and Lady. It is common practice to remove your footwear before entering someone’s workplace or home, but not always required. Removing shoes before entering a pagoda or temple is a must. A handshake is usually the first introduction in a business…

Overview

Recent reforms to Myanmar's legal framework and updated rules for investors
OBG
plus

In 2017 the Myanmar government continued its efforts to update and streamline the country’s legal framework. The long-awaited Companies Law has been enacted and is expected to greatly modernise the corporate regulatory regime, bringing it in line with international best practices. The Myanmar Investment Rules (MIR) of 2017 have also been issued, implementing the Myanmar Investment Law (MIL)…

Overview

Hotel options in Myanmar
OBG
plus

CHATRIUM HOTEL ROYAL LAKE YANGON 40 Natmauk Road Tamwe Township T: +951 544 500 F: +951 544 400 info.chry@chatrium.com www.chatrium.com Rooms: 300 rooms and suites, with 165 deluxe rooms (40 sq metre), 89 Chatrium club rooms (40 sq metre), 10 corner deluxe rooms (55 sq metre), 7 studio suites (61 sq metre), 8 junior suites (71 sq metre), 15 deluxe suites (75 sq metre), 5 luxury suites (85 sq metre)…

Overview

Insurance companies in Myanmar prepare for opening of local market
OBG
plus

A process of substantial reform is under way in Myanmar’s insurance industry. The sector is eagerly anticipating a blueprint for liberalisation, though this had not been published as of early 2018. Until it arrives, insurers must navigate a number of challenges, ranging from underdeveloped capital markets that only offer a narrow band of investment instruments, to the restricted consumer activity…

Overview

Awaited reforms to boost stock trading in Myanmar
OBG
plus

With the new Yangon Stock Exchange (YSX) established as recently as October 2015, Myanmar’s capital markets remain at a very early stage in their development. As such, the bourse is subject to many of the pitfalls often found in a low-volume, frontier industry, but there is also a wealth of potential. With access to finance being one of the key pillars of economic growth, the development of a vibrant…
Interview

Serge Pun, Chairman, Serge Pun & Associates: Interview
OBG
plus

Interview: Serge Pun What contributed to the slowdown of the economy, and how can the government stimulate growth? SERGE PUN: Prioritisation of political and social policies affecting national peace, the rule of law, democracy and corruption have coincided with a slowdown of economic growth and foreign direct investment (FDI). By centering the bulk of its attention on these policy areas, the government…
Interview

Nguyen Xuan Phuc, Prime Minister of the Socialist Republic of Vietnam: Interview
OBG
plus

Interview:Nguyen Xuan Phuc How could the bilateral relationship between Vietnam and Myanmar be strengthened? NGUYEN XUAN PHUC: In line with the main pillars of the Myanmar-Vietnam comprehensive cooperative partnership, bilateral economic ties have been growing strongly. Two-way trade reached $548.3m in 2016, exceeding the target of $500m set by the two governments. Both sides are striving to…