2 mins read · Tue March 9, 2021
The regulation for importing heavy vehicle and machines has been updated by the Ministry of Commerce (MOC) on 8 March 2021 pursuant to notification no. 25/2021.
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1 mins read · Thu March 4, 2021
The Ministry of Commerce (MOC) has issued Notification No.8/2021 on 20 Jan 2021 (Notification) specifying the conditions for the import of reconditioned machines. The Notification applies to the import by small and medium sized businesses, it does not clarify what this would mean for other businesses. Key conditions of the import being approved are that […]
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1 mins read · Wed February 17, 2021
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 but hopefully this provides some helpful information and insights.
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2 mins read · Sun January 24, 2021
The Myanmar Investment Commission’s (MIC) announcement on 20 January 2021 seeks to regulate the use of customs and import duty exemptions by companies operating in Myanmar more tightly.
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1 mins read · Sun December 9, 2018
The SCM team recently attended the Ayeyarwady Region Investment Fair in beautiful Ngwe Saung. It was an initiative of the MIC, the Regional Government, JICA and JETRO and brought together senior officials from Union and Regional Ministries, trade commissioners, business leaders from domestic and foreign companies, business associations and investment professionals for an investment seminar, […]
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1 mins read · Wed August 22, 2018
The Myanmar Government has followed up this week’s blockbuster Companies Law reform by announcing details of incremental liberalising measures to allow greater foreign participation in import/export – trading business and trade finance. Foreign bank participation in retail financial services and more foreign banking licences are also on the way. We’re hoping to see growth in […]
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