Exclusive : Foreign Exchange and Central Bank Update

This post has already been read 405 times! Doing Business in Myanmar.

Dear Friends,
Here is another exclusive invitation from our friend Edwin on Central Bank update.
Please do not forget to share your thoughts.
Best regards,
Doing Business in Myanmar.ca
Dear Sonny,

Just a quick note to invite you to the next breakfast briefing, this time dedicated entitled “Foreign Exchange and Central Bank Update”. We are organizing one briefing in Singapore on 29th January, and one in Yangon on 21st January.

Several important policy developments have taken place since the enactment of the Foreign Exchange Management Act in 2012 affecting not only Myanmar banks, but also foreign investors, Myanmar enterprises raising funds overseas and the entire financial services space. In this uniquely practical breakfast briefing, We will share our experiences in dealing with the Central Bank of Myanmar and explains how the rules have changed. What can businesses do to cope with this dynamic environment?

Highlights covered:

  • Which foreign loans may not be approved by the Central Bank, and why?
  • How to best bring capital (equity) into Myanmar?
  • Practical aspects of perfecting security with the Company Registration Office (CRO)
  • For which cash extractions is Central Bank approval now required?
  • The use of offshore bank accounts by foreign investors and Myanmar companies
  • How can microfinance institutions be funded? Experience in obtaining approvals
  • Offshore versus onshore financing structure: how to connect the offshore and onshore portions?
  • Which lending structures reduce withholding taxes and stamp duty?
Yangon Singapore
Date 21 January 2015 29 January 2015
Time 8:45 am – 10:30 am 9:00 am – 11:00 am
Venue To be advised Shook Lin & Bok LLP
1 Robinson Road #18-00 AIA Tower
Singapore 048542
Download Brochure Download Brochure

The briefing is free of charge for you. We expect a strong turnout so you need to register in advance to be sure you have a seat. You can do that by just replying to this email.

Hope to see you at the briefing!

With best regards,
Edwin Vanderbruggen I Partner
M: +95 9421156078 W: www.vdb-loi.com
Yangon: T:+95 1371902 Level 8, Centrepoint Towers, 65 Sule Pagoda Rd & Merchant Street
Nay Pyi Taw: T: +95 678108091 No. S-204 Tha Pyay Kone Ward, Zabu Thiri Township

This post has already been read 405 times! Doing Business in Myanmar.

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