The Central Bank of Myanmar (“CBM”) has introduced a new regulatory framework for foreign remittance businesses under Notification No. 18/2026 dated 28 April 2026 (the “2026 Regulation”), replacing the previous regime under Notification No. 21/2019.

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Myanmar’s National Defence and Security Council (NDSC) has announced temporary nationwide fuel conservation measures in response to global fuel supply disruptions. The move follows ongoing geopolitical tensions in the Middle East, which have affected key maritime routes used by oil tankers and raised concerns over domestic fuel availability.

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On February 18, 2026, the Ministry of Health issued a directive regarding vaping devices. Under Notification No. 8 2026, the government has officially designated electronic smoking devices and related accessories as "essential goods," enacting a sweeping ban under the authority of the Essential Supplies and Services Law.

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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 from up to 75% of foreign currency earned through trading, CMP business operations, and sales of minerals and natural resources (adjustments to be made for certain exempted businesses). (more…)

The Ministry of Labour has recently issued Notification 108/2024, dated 28 August 2024 requiring Myanmar citizens working abroad to remit 25% of their wages back home. This is in addition to the 2% income tax that many overseas Myanmar workers must already pay. (more…)