Chevron is selling its stake in Myanmar’s Yadana gas field offshore to a good...
DFDL Myanmar: DOCA Issues New Guidelines for Product Recalls and Bans
On 20 December 2022, the Department of Consumer Affairs (“DOCA”) issued a directive which...
DFDL Myanmar: CBM Exempt Foreign Companies From Mandatory Forex Conversion
On 30 December 2022, the Central Bank of Myanmar issued letter No. FE-1/2861(Ka) concerning...
U.N. Council Adopts First Resolution to Demand an Ending of Violence in Myanmar
The U.N. Security Council has adopted its first and long-discussed resolution of Myanmar on...
Norwegian Central Bank Excludes PTT Group from State Fund, Citing Relation with Myanmar’s Military-Led Government
The central bank of Norway has announced that it will cease to include the...
DFDL Myanmar: SAC Gives Tax Exemptions for Electric Vehicles, Increases Income Tax for Upstream Oil and Gas
On 17 November 2022, the State Administration Council (“SAC”) enacted the Law Amending the...