Legal Framework
From The Report: Myanmar 2016
View in Online Reader

This chapter examines Myanmar’s legislative climate for foreign investment as well as new regulations for the foreign exchange market and updates to legal codes. It also contains an interview with Cheah Swee Gimm, Director, Kelvin Chia Yangon.

Articles from this Chapter

Overview

To the letter: A legal overview of the climate for foreign investment
OBG
plus

Considered by many to be one of the last economic frontiers, Myanmar has been the object of investor interest for the past three years. As of November 30, 2015, data from the Directorate of Investment and Company Administration (DICA) shows that the total amount of foreign direct investment (FDI) for the period from 1988 to November 2015 has reached $58.2bn, consisting mainly of manufacturing enterprises, with oil and gas companies bringing in one-third of total investment, at $19.6bn. Since the…

Interview

Turning the page: OBG talks to Cheah Swee Gim, Director, Kelvin Chia Yangon
OBG
plus

Interview:Cheah Swee Gim As Myanmar’s political and economic landscape continues to evolve, how would you assess the development of its legal infrastructure thus far? CHEAH SWEE GIM: Myanmar has made excellent progress in terms of legal reform. In 2012 Myanmar started updating old laws and enacting new ones, giving investors a framework to conduct business. While there was criticism that the broad legal principles lacked clarity in terms of implementation, Myanmar then embarked on a second…