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Myanmar (Burma) possesses large reserves of natural resources, with significant oil and gas fields both on and offshore. Owing to the impact of sanctions and the political climate, only 24 foreign companies, mostly from south east Asia, are operating in the oil...

In this briefing, we provide an overview of recent developments and issues to be considered by investors wishing to do business in Burma/Myanmar.

In a recently released survey of asset management professionals conducted by Clifford Chance and AsianInvestor, three key themes emerged. Asian investors are diversifying away from equities, the marked decline of Europe as a source of assets and as an investment...

Recent democratic reforms in Myanmar have encouraged foreign governments to relax economic sanctions, leading to increased foreign investor interest in the country. Although there are positive signs of further reform, new investors in Myanmar face significant...

Recent democratic reforms in Myanmar have encouraged foreign governments to relax economic sanctions, leading to increased foreign investor interest in the country. Although there are positive signs of further reform, new investors in Myanmar face significant...

This briefing provides an overview of recent news and developments in relation to Myanmar. In this edition we look at the new foreign investment law and other recent steps taken to develop the economy.  

US sanctions against Myanmar have been eased but with new opportunities come new obligations. All US Persons making significant new investments in Myanmar will be required to report annually on a range of responsible investment criteria, including steps taken...

Myanmar has taken several steps over the past year to open up its economy. In one of the most dramatic and radical economic reforms to date, Myanmar has introduced a series of measures aimed at developing its inadequate financial system. The first significant...

Rudyard Kipling’s description of the land of Burma in 1898 aptly describes the landscape of US sanctions on the country 115 years later. Those sanctions, imposed since 1988, have been lifted, suspended, and waived over the last year in a systematic effort...

The Myanmar Government has implemented the country’s 2012 Foreign Investment Law (“FIL”) with two Notifications (together referred to here as “the Rules”), creating a practical framework to match the Government’s policy of...