Capitalise on the region’s numerous opportunities in infrastructure development.
Myanmar's development has been gathering pace since its economic liberalisation began a few years ago. With the government making sustained efforts to create a more business-friendly environment and a population that is well-disposed to the Singapore brand, the time is right for Singapore firms to start doing business in Myanmar and enjoy first-mover opportunities.
The Myanmar business community is eager to collaborate with Singapore partners, who are seen as trustworthy and efficient. With an active Burmese diaspora in Singapore familiar with the language and customs of both groups of people, Singapore firms can expect a welcoming environment in Myanmar.
"Singapore companies can bring in management expertise and technological know-how, while Myanmar companies can help navigate the local customs and regulations. More importantly, they have access to networks that might be difficult for foreigners to access." Our Yangon Regional Director shares how you can leverage Singapore's strong brand name. Read more
Singapore has been Myanmar’s top foreign investor for over five consecutive years. From F&B to infrastructure, there are more Singapore firms doing business there. Learn why the Singapore brand is flying high in Yangon. Read more
The current administration has taken concrete steps to attract investors. The Myanmar Investment Law of 2016 recently replaced the Foreign Investment Law of 2012, with the new law set to make investing in Myanmar easier..
Our Global Conversation with Aung San Suu Kyi highlights how Singapore firms can play a part in Myanmar's growth. Read more
Find out what opportunities Myanmar’s latest Investment Law presents for your business. Read more
Key changes to the MCA
Impact of the new MCA on Singapore companies: Flexibility in foreign ownership and increased capital lines
The inclusion of foreign shareholding in local companies is beneficial to Singapore investors, as this now allows investment in hitherto protected sectors, such as trading companies, banks, insurance, pharmaceuticals and industrial equipment. Furthermore, the relaxation in capital structure makes it easier to reduce the capital required of foreign companies to enter Myanmar, as well as for local or existing companies to issue bonus shares and take in new members.
Other than joint shareholding in private and public companies, this also means that the Yangon Stock Exchange-listed (YSX-listed) companies are now open to foreign participation. This is expected to increase activity and liquidity in the YSX, as the local market and investment is limited. Through the 35% foreign equity, this would also allow fresh injections of capital and greater access to debt-financing through foreigners for local Myanmar companies.