- Jul 16, 2022
Myanmar opens up the non-banking financial sector to 100% foreign participation
Foreign investors to be able to operate finance and leasing businesses in Myanmar.
- Apr 7, 2022
Myanmar card spending limits cut in half
On 7 April 2022 the Central Bank of Myanmar (CBM) issued a letter effectively cutting spending limits on Myanmar issued credit cards and...
- Apr 2, 2022
Updates to cash withdrawal limits
Updated cash withdrawal limits keep general limits unchanged, but provide clarity on some of the exceptions.
- 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.
- Jul 29, 2021
Central Bank exempts COVID-19 related expenses from cash withdrawal limits
CBM exempts cash withdrawal limits for Covid-19 expenses.
- Jun 21, 2021
Central Bank of Myanmar continues to tackle liquidity issues
The Central Bank of Myanmar has taken further steps to limit the ability of depositors to withdraw cash.
- May 11, 2021
Central bank providing additional relief to banks
The CBM issued two directives on 7 May 2021, changing the reserve requirments and the method of calculating the liquidity ratio.
- Mar 5, 2021
Cash withdrawal limits
The Central Bank of Myanmar (CBM) has recently issued new limits on the amount of cash which can be withdrawn from accounts. In a letter...
- Feb 17, 2021
Myanmar Business & Legal Update
Our latest business and legal update from the frontline in Myanmar. With so much happening it's hard to predict what the outcomes will be...
- Feb 1, 2019
Central bank news on foreign investment
Central Bank of Myanmar notice allowing foreign investment in Myanmar banks. Read more
- 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...