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Rajah & Tann Regional Round-Up

your snapshot of key legal developments in Asia

Issue 4 – Q4 2023 (Year in Review Edition)

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MYANMAR

Looking Back: 2023 and Gazing Into: 2024

Looking Back: 2023

In 2023, the State Administrative Council ("SAC") introduced changes and initiatives that have impacted the business sector.

Gazing Into: 2024

Although the SAC extended the state of emergency for six months until February 2024, it is likely to maintain the current state for an unforeseeable future due to the ongoing escalation of armed conflicts nationwide. The escalation in fighting since October 2023, including in the main trade corridor between Myanmar and China, is likely to further challenge the turnaround of Myanmar's economy.

Full Report

Click on the link below for the full report which provides summaries of the key legal developments related to the above areas.

Regional Round-Up 2023: Myanmar

Please note that whilst the information in this Update is correct to the best of our knowledge and belief at the time of writing, it is only intended to provide a general guide to the subject matter and should not be treated as a substitute for specific professional advice.


Rajah & Tann
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Junction City Tower, 
No.3A Bogyoke Aung San Road, 
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Yangon, Myanmar
http://mm.rajahtannasia.com


Contacts: 

Dr Min Thein
Managing Partner
D +951 9345343
F +951 9345348
min.thein@rajahtann.com

Chester Toh
Director
D +65 62320220
chester.toh@rajahtann.com

Jainil Bhandari 
Director
D +65 62320601
jainil.bhandari@rajahtann.com

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