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Mandatory corporate governance and related party transaction requirements for Myanmar public companies

On 3 December 2020, the Securities and Exchange Commission of Myanmar (the SECM) issued Notification on Requirements for Effective Corporate Governance (Notification 2/2020) and Instruction on Material Related Party Transactions for Listed Companies and Public Companies with More than One Hundred Shareholders (Instruction 3/2020), which came into effect on 1 January 2021, with the provisions…

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#Myanmar #SECM

Charltons at the Legal and Tax Breakfast Talk of EuroCham Myanmar

On 20 January 2021, Julia Charlton participated at the Legal and Tax Breakfast Talk of EuroCham Myanmar. The panelists presented a summary of the key legal and tax developments of 2020 and discussed the developments to look out for in 2021.

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#charltonsmyanmar #Eurochamp

Happy Kayin New Year Day 2021!

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#kayin new year #Myanmar

Merry Christmas 2020!

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Happy National Day 2020!

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Happy Tazaungdaing Festival 2020! Happy Tazaungdaing Festival 2020!

Happy Deepavali Day 2020! Happy Deepavali Day 2020!

Six Chinese Firms Win Solar Tender and More Myanmar Business News The Ministry of Electricity and Energy (MOEE) awarded six Chinese companies tenders to construct 16 of a total of 30 solar projects across Myanmar.

Happy Thadingyut 2020! Happy Thadingyut 2020!

Myanmar’s Sea Trade hits over US$20.5 bn As of 10 July 2020, Myanmar’s trade with foreign countries through sea routes totalled over US$20.5 billion in the current fiscal year of 2019-2020, an increase of over US$1.5 billion as compared to the same period in the last fiscal year. Myanmar currently has nine ports engaged in maritime trade, with the Yangon Port being the main gateway. Read More…

#Myanmar’s Sea Trade #Sea Trade

Happy Full Moon Day of Waso 2020! Happy Full Moon Day of Waso 2020!

MOPFI Shortlist Five Companies for Public-Private Steel Plant Joint Venture The Ministry of Planning, Finance and Industry (MoPFI) shortlisted five companies to apply to form a joint venture with state-owned No.1 Steel Plant (Myingyan).

#joint venture #MOPFI #Public-Private Steel

Happy Eid Al Adha Day 2020 Happy Eid Al Adha Day 2020

#Eid Al Adha Day #Eid Al Adha Day 2020 #Myanmar

Important Legal Developments amid Covid-19: New Insolvency Law and Industrial Zone Law

Recording of the talk is available here.

On 9 July 2020, Julia Charlton spoke at a webinar organised by the Myanmar-Hong Kong Chamber of Commerceand Industry on important legal developments in Myanmar amid COVID-19. Julia provided an update on how labour-intensive industries are coping, focusing on factory reopenings and implications for employees, in addition to the extent of government relief…

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#COVID-19 #Industrial Zone Law #New Insolvency Law

Myanmar’s New Industrial Zone Law On 26 May 2020, the Industrial Zone Law was enacted by the Pyidaungsu Hluttaw, Myanmar’s highest legislature, aiming to promote industrialisation, create job opportunities through the establishment of industrial zones, attract foreign investment and increase the value of products based on domestic raw materials. Read More

#Industrial Zone #Industrial Zone Law #Myanmar

COVID-19 and Labour-intensive Industry in Myanmar On 8 May 2020, Julia Charlton spoke at a webinar on COVID-19 and the impact on labour-intensive industry in Myanmar, organised by the…

#COVID-19 #Labour-intensive Industry #Myanmar

COVID-19 Pandemics’ Impact on Labor-Intensive Industry in Myanmar

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