Looking Back: 2022 and Gazing Into: 2023
Looking Back: 2022
After two years of the military coup, the State Administration Council (SAC) has made several changes in policy in the administrative and business sectors.
Gazing into 2023
The national state of emergency was initially set to be lifted by 31 January 2023. The caretaker government led by the State Administration Council (SAC) would have then completed its two-year term and be required to transfer its powers to the National Defense and Security Council (NDSC) according to the Constitution.
However, it has been announced that the national state of emergency will be extended to another six months.
It is highly likely that political instabilities in Myanmar will continue, increasing not only tension in the political landscape, but also negatively impacting the means and ways of doing business and investment in Myanmar.
Full Report
Click on the link below for the full report which provides summaries of the key legal developments related to the above areas.
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
