Myanmar keyword: Logistic service

June 27, 2022

On 2 June 2022 the Ministry of Transport and Communications issued letter no. PaSa-4/ (F.E-1/1)/2022 (709) (“Letter“) in implementation of a circular from the Foreign Exchange Supervisory Committee (“FESC”). The Letter states that FESC now permits logistics service companies to retain specific amounts of foreign currency in their foreign currency bank accounts in Myanmar. Any […]