Legal Framework
From The Report: Myanmar 2015
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This chapter contains an overview of the rules and regulations surrounding business and investment in Myanmar. It also features a legal viewpoint from Cheah Swee Gim, Director, Kelvin Chia Yangon.

Articles from this Chapter

Overview

Rules and regulations are further opening the economy
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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 Myanmar Foreign Investment Law in 2012. As of October 2014, Myanmar registered an estimated $40.16bn of foreign direct investment (FDI) and has permitted foreign investments totalling an estimated $50.22bn. This is not surprising, considering the investment opportunities in virtually all areas…

Interview

Cheah Swee Gim, Director, Kelvin Chia Yangon
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Interview: Cheah Swee Gim With the ASEAN Economic Community (AEC) nearing, how would you assess Myanmar’s legal framework in comparison to other ASEAN members? CHEAH SWEE GIM: Myanmar’s legal framework for foreign investment in terms of principles is more or less comparable to those of other ASEAN member countries. Fundamental features such as safeguarding the investments, investment authority, rules for issuance of investment permits and various incentive schemes are ingrained in Myanmar’s…