Trade

NEWS & RESOURCES

Sep 6

Fuel Oil and Palm Oil imports to have access to additional foreign currency

The Central Bank of Myanmar issued a letter on 2 September advising that foreign currency to import fuel oil and palm oil can be sourced...

Aug 30

Gold targeted with latest Myanmar tax law

Tax hike for gold transactions in Myanmar making it more expensive to buy and sell gold.

Aug 8

CBM allows exporters to keep more foreign currency

On August 7, the Central Bank of Myanmar (CBM) issued notification 37/2024 with measures aimed at boosting the foreign exchange supplies...

Jul 14, 2023

Central Bank of Myanmar moves to increase foreign exchange liquidity

The Central Bank of Myanmar allows exporters to exchange 50% of earnings at market rates.

Jun 27, 2023

Latest on Myanmar foreign remittance controls

CBM to review all foreign currency purchases.

Apr 14, 2022

Myanmar's New Foreign Currency Restrictions

A detailed analysis of Myanmar's new foreign currency restrictions.

Apr 7, 2022

Import licences need to be in order!

Make sure to have licences for imports prior to arrival in Myanmar ports

Feb 7, 2022

Temporary relief for unlicensed imports

Customs Department to provide a 1 month grace period for imports which have been added to the licenced import list.

Sep 15, 2021

Dropping exchange rate controls

Restrictions requiring banks and money changers to use the Central Bank of Myanmar's reference rate for currency exchange are dropped.

Jun 7, 2021

Myanmar adds soap and toothpaste to import ban

Ban on importing soap, soap powder and toothpaste over Myanmar's land border

Jun 2, 2021

Myanmar concessional import licence fees have ended

Myanmar has ended concessional flat rate import licence fees

Apr 30, 2021

Myanmar restricts importing food products overland

Myanmar restricts the import of certain food products over its land borders, mainly affecting trade with Thailand and China.

Mar 10, 2021

Regulations for operating a car dealership in Myanmar

What is required to operate a new car dealership in Myanmar

Mar 9, 2021

Selling heavy vehicles and machinery in Myanmar

Distributing heavy vehicles and machinery for commercial use

Mar 4, 2021

Importing used machinery into Myanmar

The Ministry of Commerce (MOC) has issued Notification No.8/2021 on 20 Jan 2021 (Notification) specifying the conditions for the import...

Jan 24, 2021

MIC tightening regulations on customs and import duty exemptions

The Myanmar Investment Commission’s (MIC) announcement on 20 January 2021 seeks to regulate the use of customs and import duty exemptions...

Dec 9, 2018

Ayeyarwady Region Investment Fair

The SCM team recently attended the Ayeyarwady Region Investment Fair in beautiful Ngwe Saung. It was an initiative of the MIC, the...

Aug 22, 2018

Allowing greater foreign participation in import/export

The Myanmar Government has followed up this week’s blockbuster Companies Law reform by announcing details of incremental liberalising...