The Ministry of Finance (MOF) recently issued its 3 notifications effective from 27th November 2020 to expand the definitions of the digital asset business, the digital asset business operators, and the criteria for the approval of the digital asset business license. 1.   MOF Notification on Prescribing Other Businesses Related to Digital Assets as Additional Digital... Read More

The Ministry of Public Health issued its Notification Re: Specification of Type 5 Narcotics B.E. 2563 (2020) (“Notification”) on 8th December 2020 to exclude certain parts of cannabis and hemp from the Type 5 Narcotics under the Narcotics Act B.E. 2522 (1979) as amended (“NA”).  The Notification was published in the Government Gazette on 14th... Read More

On 20th October 2020, the Directorate of Investment and Company Administration (“DICA”) issued its Notification No. 92/2020 to rule that the stay period of resident directors of companies registered under the Myanmar Companies Law (“MCL”) will not include the Covid-19 lockdown period. Pursuant to Section 4 Sub-section (a) (v) of the MCL, a company must... Read More

On 14th October 2020, the Directorate of Investment and Company Administration (“DICA”) issued its Notification No. 90/2020 to specify the qualifications of independent directors (“ID”) of listed and non-listed public limited companies (“PLC”) registered under the Myanmar Companies Law for good corporate governance. According to this Notification, the major qualifications of the ID are: • ... Read More

On 14th November 2020, Johnson Intellectual Property Agency organized the Third International Forum on Technology Innovation and IP Protection (TIIP) at China Hi-Tech Fair in Guangdong, China. Our Managing Partner, Mr. Kowit Somwaiya gave a speech on the topic of Filing PCT National Phase Patent Applications in Thailand, Overcoming the refusal of International Trademark Applications... Read More