On 16 June 2021, the Central Bank of Myanmar (CBM) issued letter 105/2021 (Letter), its latest attempt to combat the liquidity problems faced by the Myanmar financial sector. (more…)

Hot off the heals on the ban on importing certain food products across land borders, the Directorate of Trade (Myawaddy Trading Zone), under the Ministry of Commerce (MOC) has as of 4 June 2021 further prohibited the import over land borders of:
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The Ministry of Commerce (MOC) has announced the end of concessional fees for obtaining import licences. (more…)

The Electric Power Generation Enterprise (EPGE) under the Ministry of Electricity and Energy published, on 24 May 2021, an invitation to bid to develop and operate solar power plants with a 20-year concession on a build-operate-own basis.
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The banking sector is currently in a challenging situation, having faced significant disruption and a challenging economic situation. (more…)