09Apr
Central Bank of Myanmar releases Foreign Bank License and Approval of Equity Participation in Domestic Bank

Central Bank of Myanmar releases Foreign Bank License and Approval of Equity Participation in Domestic Bank

On 9th April 2020, the Central Bank of Myanmar announced to grant preliminary approval to prepare for commencement of operations in Myanmar to seven (7) Foreign Banks.The preliminary approval is valid for 9 months during which the successful Applicants will have to fulfill the commitments made in ... Read More
08Apr
European Union to Myanmar announces emergency cash fund for garment workers

European Union to Myanmar announces emergency cash fund for garment workers

On Wednesday 8th April, the European Union has announced the creation of a €5 million [almost 8 billion Myanmar Kyat] emergency cash fund named “Myan Ku” to support thousands of Myanmar garment workers who have lost their jobs due to the COVID-19 pandemic.The COVID-19 crisis is disrupting the ... Read More
30Mar
EuroCham Myanmar survey results on COVID-19 economic impact

EuroCham Myanmar survey results on COVID-19 economic impact

In March 2020, EuroCham Myanmar conducted a survey to map out the expected economic impacts with European businesses active in Myanmar. The purpose of the survey is to address concerns to the Myanmar government and to seek ways in which the authority may provide support.This study surveyed 33 ... Read More
12Mar
EuroCham Myanmar presented business opportunities in Myanmar

EuroCham Myanmar presented business opportunities in Myanmar

EuroCham Myanmar, represented by its Executive Director Mr. Marc de la Fouchardière, did an outreach mission in Manila, The Philippines, to promote Myanmar as a frontier market in Southeast Asia. On this occasion, challenges and opportunities for doing business in Myanmar where presented. The ... Read More
28Feb
The Myanmar government released an online Myanmar Project Bank

The Myanmar government released an online Myanmar Project Bank

The Myanmar government released an online Myanmar Project Bank, a platform listing investment projects for better transparency and project coordination. The interactive website provides for each project, details about the government body in charge, the status of the project and its costs and will ... Read More