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MYANMAR / BUSINESS TIMELINE

Business changes.
A clearer perspective.

From market-opening reforms to today’s operating environment.
Explore the turning points since 2011, with dates and sources.

Explore recent developments
A CHANGING BUSINESS LANDSCAPE
  1. 2011— 2020
    Opening & reformExchange rates · investment · companies
  2. 2021— 2025
    A changed environmentPolitics · finance · people · disaster
  3. 2026NOW
    Evolving operating conditionsPayments · logistics · daily operations
Key milestones across three periods.
Sources checked & page updated: 13 October 2026Sources & dates ↗
IN FOCUS / 2026

Changes worth following.

Payments, mobility and logistics.
Start with everyday business conditions.

THE TIMELINE / 2011–2026

Follow the turning points.

Newest dates first ↓
  1. REPORT PUBLISHED
    Business environmentJETRO source 1

    2026 trade and investment review published

    JETRO’s annual review covers developments centred on FY2025/26, with foreign exchange, power, import and logistics constraints still shaping business conditions.

    BUSINESS CHECKPOINT

    Assess investment plans alongside sector-specific sourcing, payment and operating conditions.

  2. REPORT PUBLISHED
    Trade & logisticsWORLD BANK source 2

    Greater reliance on maritime trade routes

    The World Bank reports disrupted border routes and greater reliance on Yangon’s seaports. Continuing exports do not imply that domestic logistics and import constraints have disappeared.

    BUSINESS CHECKPOINT

    Review alternative routes, lead times and inventory cover.

  3. EFFECTIVE
    Daily operationsJETRO source 3

    Odd–even driving restrictions lifted

    Number-plate-based driving restrictions were removed. Odd–even refuelling days and vehicle-specific fuel purchasing controls remain in place.

    Announced and effective: 9 September / JETRO: 11 September

    BUSINESS CHECKPOINT

    Plan vehicle movements separately from refuelling schedules.

  4. STATEMENT
    Finance & paymentsFATF source 4

    FATF maintains its enhanced due diligence call

    FATF continues to call for risk-based enhanced due diligence on Myanmar. Its June statement says countermeasures may be considered if progress is insufficient by October.

    Latest country statement verified as of 13 October

    BUSINESS CHECKPOINT

    The June statement does not impose countermeasures. Confirm your bank’s documentation requirements.

  5. EFFECTIVE
    Daily operationsCEIR / MOI source 5

    30-day temporary use for unregistered devices

    Devices outside the CEIR approved list receive 30 days of temporary use from first network connection. The notice requires applicable taxes and penalties to be paid for continued use.

    Notice: 6 March / Temporary-use measure: from 1 April

    BUSINESS CHECKPOINT

    Check each device’s IMEI, registration and tax status before purchase or import.

  6. OPERATIONS BEGIN
    Trade & logisticsJETRO source 6

    AEO mutual recognition with Singapore begins

    Singapore began mutual recognition with Myanmar and two other countries. Eligible trade involving accredited operators can benefit from customs facilitation.

    Operational start: 20 February / JETRO: 4 March

    BUSINESS CHECKPOINT

    Verify accreditation, AEO codes and declaration requirements; benefits do not automatically cover every shipment.

  7. EFFECTIVE
    Finance & paymentsJETRO source 7

    Mandatory conversion of export earnings falls to 15%

    Central Bank Notification 2/2026 reduced the share of export earnings to be converted into kyat within one working day from 25% to 15%.

    Effective: 1 January / Notification: 7 January / JETRO: 14 January

    BUSINESS CHECKPOINT

    Confirm receipt dates, applicable rates and conditions for using the balance with your bank.

  8. EVENT
    Business environmentWORLD BANK source 8

    Central Myanmar earthquake disrupts business

    The earthquake damaged buildings and infrastructure and disrupted production and supply chains. The World Bank described the shock as compounding existing economic challenges.

    BUSINESS CHECKPOINT

    Check site and supplier operations, alternative sourcing and business continuity plans.

  9. ANNOUNCED
    Business environmentJETRO source 9

    Military service law activation announced

    The State Administration Council announced activation of the military service law. JETRO subsequently reported effects on young people’s plans to go abroad and on the labour market.

    BUSINESS CHECKPOINT

    Review recruitment, staffing and skills-transfer plans with regard to individual circumstances and current rules.

  10. STATEMENT
    Finance & paymentsFATF source 4

    FATF calls for enhanced due diligence

    FATF called for enhanced due diligence on Myanmar, a milestone for understanding cross-border payment and counterparty checks.

    BUSINESS CHECKPOINT

    For the verified update, see the June 2026 statement above and consult your bank.

  11. EVENT
    Business environmentMOFA JAPAN source 10

    Military coup changes the business environment

    The military detained government leaders. Political and security instability, alongside foreign exchange and import restrictions, subsequently reshaped business conditions.

    BUSINESS CHECKPOINT

    Evaluate current operating conditions independently of earlier market-opening milestones.

  12. EFFECTIVE
    Investment & companiesDICA source 11

    Myanmar Companies Law takes effect

    The Myanmar Companies Law 2017 took effect on 1 August 2018, following the commencement notification, introducing a new corporate framework.

    Commencement announced: June 2018 / Effective: 1 August

    BUSINESS CHECKPOINT

    Check current MyCO procedures and required documents for incorporation and changes.

  13. ENACTED
    Investment & companiesDICA source 12

    Myanmar Investment Law enacted

    Law 40/2016 was enacted, establishing a legal framework for domestic and foreign investment.

    BUSINESS CHECKPOINT

    Check current rules, sector restrictions and approvals for each proposed investment.

  14. OPENED
    Investment & companiesJICA source 13

    Thilawa Special Economic Zone opens

    Thilawa SEZ opened with Japanese and Myanmar public–private participation, linking industrial-estate development with supporting infrastructure.

    BUSINESS CHECKPOINT

    Compare current plot availability, infrastructure and logistics conditions.

  15. EFFECTIVE
    Finance & paymentsJETRO source 14

    Transition to a managed floating exchange rate

    Myanmar moved from its previous multiple-rate system to a managed floating exchange rate, a milestone in exchange-rate reform.

    BUSINESS CHECKPOINT

    Historical arrangements differ from today’s conversion and remittance rules.

  16. EVENT
    Business environmentMOFA JAPAN source 10

    Political transition and economic reforms

    The transition brought the Thein Sein administration to office, followed by reforms in investment, banking, insurance and foreign exchange.

    BUSINESS CHECKPOINT

    A historical starting point for understanding the changes that followed.

SOURCES & DATES

Sources and the meaning of dates.

Public sources checked on 13 October 2026. This is a selection of business-relevant milestones, not a complete register of legal changes or events. It is not updated automatically.

Timeline dates refer to the labelled effective date, announcement, publication or event. Source dates below identify publication or update dates, or enactment dates for laws. Historical entries describe events at that time.

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