Other Briefings
Threading the Needle: the Rise of Myanmar as a Garment Manufacturing Alternative
Myanmar’s clothing exports have grown from US$337 million in 2010 to US$1.46 billion in 2015, and could reach US$12 billion by 2020. Learn about opportunities for foreign investment in Myanmar’s burgeoning garment industry, and the driver’s of the country’s growing competitiveness.
Myanmar Plans Economic Zones on Chinese Border
Myanmar’s commerce ministry recently issued a call for investments in economic zones that are planned to be set up on the country’s border with China. Read our latest article to find out where these zones will be located and how they would impact trade and investment between the two countries.
Myanmar’s Daily Minimum Wage Increased from Kyat 3,600 to Kyat 4,800
Myanmar’s union government has increased the country’s daily minimum wage for an eight-hour work day from Kyat 3,600 (US$2.65) to Kyat 4,800 (US$3.54). The wage increase is the first since Myanmar introduced a minimum wage as part of the government’s labor market reforms in 2015.
Banking Sector Reforms in Myanmar
Myanmar recently permitted export-financing services by seven of 13 foreign banks operating in the country. In this article, we provide insight into Myanmar’s banking reforms and investment opportunities in the sector.
Myanmar’s Investment Outlook for 2018
Myanmar is among the fastest growing economies in Southeast Asia with significant market potential for the growth and expansion of foreign companies. Read more about Myanmar’s latest FDI trends and outlook for 2018 in our latest article.
Myanmar’s New Companies Law
On December 6, 2017, Myanmar’s President U Htin Kyaw approved the new Myanmar Companies Act, 2017, replacing the country’s century-old Companies Act of 1914. The new law seeks to modernize corporate governance in Myanmar in line with international best practices. Read more in our latest article.
India-Myanmar Relations: Growing Multifaceted Bilateral Ties
India’s Prime Minister Narendra Modi paid an official visit to Myanmar between September 5 and 6. Relations between the two countries are multifaceted, with both sides sharing key concerns over maritime security and other transnational issues.
Myanmar Special Commodity Tax, Thailand VAT, and Indonesia Luxury Sales Tax – ASEAN Regulatory Brief
In this week’s ASEAN Regulatory Brief, we highlight Myanmar’s Special Commodity Tax exemptions for emeralds and diamonds, discuss Thailand’s reduced VAT rate extension, and focus on Indonesia’s proposed luxury tax cuts for sedans.
Laos Investment Incentives, Brunei Halal Certification, and Myanmar Livestock Exports – ASEAN Regulatory Brief
In this week’s ASEAN Regulatory Brief, we highlight Laos’ incentives for tourism sector investors, discuss Brunei’s latest Halal regulations, and focus on the lifting of the livestock export ban in Myanmar.
Malaysia GST, Thailand Foreign Labor Regulation, and Myanmar FDI – ASEAN Regulatory Brief
In this week’s ASEAN Regulatory Brief, we analyze Malaysia’s latest GST waiver for certain goods and services, discuss Thailand’s new decree to regulate foreign workers, and highlight the ten priority FDI sectors identified by Myanmar for preferential treatment.
