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Singapore has been the leading source of FDI in Myanmar for the past ten months YGEA and a Japanese company negotiates for resumption of gold exports Cottage industries including traditional medicine manufacturing industries and SMEs to be registered under the Small-Scale Industries Department China’s demand rallies prices of three main export pulses Myanmar to target 300,000 tonnes of rice export in final months of 2022-23 financial year Malaysia is the sole export destination for Myanmar avocados Myanmar posts $230 million of mineral exports between 2022 and 2023 Myanmar’s manufacturing sector attracts more than US$200 million in FDI as of 31 Jan Lowest interest rates are set to apply to capital domestic production loans MyCO logs over a total of 770 companies registered in January MIC gave go ahead to 70 foreign projects worth US$1.47 billion in past ten months Japanese companies set to recruit over 1,000 Myanmar workers The Mang Wein crossing between China and Myanmar reopens Myanmar’s seaborne rice exports to Bangladesh under the G-to-G pact exceed 174,000 tonnes Over 2,2000 applications submitted by Myanmar’s food processing businesses to the GACC over 12 months

DOING BUSINESS IN MYANMAR

Establishing a business in Myanmar

Charltons advises clients on setting up a business in Myanmar including the setting up a business partnership, setting up a limited company, sole proprietorships, proprietorships joint ventures, branch companies and wholly foreign-owned subsidiaries.

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MYANMAR ECONOMY

Myanmar Economic Reforms

It is widely hoped that the process of political and economic reform currently taking place in Myanmar will be the catalyst for turning the country’s obvious economic potential into sustainable and inclusive economic growth just as they have already precipitated a suspension of economic sanctions and helped improve Myanmar’s standing within the international community.

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Investing in Myanmar

Charltons advises on the legal aspects of investing in Myanmar, including, but not limited to investments under the Myanmar Investment Law (2016), the Myanmar Companies Law (2017) and the Special Economic Zone Law (2014).

Myanmar Updates

Charltons provides updates on legal and business developments in Myanmar together with information on public tender.

Listing Myanmar Companies in Hong Kong

Charltons Myanmar advises on listing Myanmar companies on the HKEx (Hong Kong) and on group restructuring in preparation for listing...