Considered by many as the last economic frontier, Myanmar has been the object of much investor interest, especially following further liberalisation of its foreign investment regime through the passage of the Foreign Investment Law in 2012. At a time when other more developed South-east Asian economies have generally seen a net outflow of foreign direct investment, Myanmar has registered a net inflow of FDI amounting to an estimated $43.6bn as of the third quarter of 2013. This is not surprising,…
From The Report: Myanmar 2014
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This chapter contains an overview of Myanmar’s legal framework, with a focus on the rules governing foreign investment, new legislation, special economic zones, and the combination of colonial, traditional, and modern laws. It also contains a viewpoint with OBG’s legal partner, Cheah Swee Gim, Director, Kelvin Chia Yangon.