Myanmar Quarterly Bulletin Q2 2024

15 July 2024

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Banking & Finance

Central Bank of Myanmar sets minimum reserve requirement ratio banks must maintain in MMK and adjusts interest rate on excess reserves

Corporate & Commercial

Ministry of Commerce amends restrictions for import licences

New barter trade arrangements introduced

Myanmar implements food product notification regime

Directorate of Investment and Company Administration amends fees for various company incorporation processes

Intellectual Property

Patent Law in effect from 31 May 2024

Tax

Union Tax Law for financial year 2024-2025 issued