USAID's Promoting the Rule of Law in Myanmar (PRLM) project aims to protect legal rights and increase access to justice for Myanmar's people. To achieve this goal, PRLM strives to build accountability and competency within justice sector institutions and enhances legal services and advocacy efforts by civil society..
What is the anti competition law in Myanmar?
No person shall carry out any of the following acts which cause act of restraint on competition: ( a ) fixing the price directly or indirectly in purchase price or selling price or other commercial situation; ( b ) making agreement on restraint on competition in the market; ( c ) abusing by taking chance on the Feb 24, 2015.
Dec 28, 2022According to Myanmar's competition laws, the courts may only be lenient toward five enterprises at a time. The regulations explicitly provide
Feb 24, 2015( a ) shall form the Myanmar Competition Commission comprising of an appropriate person of Union level as a Chairman, professionals. Page 5. 5.
Feb 24, 2015( c ) Commission means the Myanmar Competition Commission formed under this Law. ( d ) Ministry means the ministry assigned duty by the Union.
On 24 February 2015, the Competition Law was enacted in Myanmar. There are thirteen chapters for covering all business including such as trade and services. This law came into force on 24 February 2017. to be able to control the restrictive agreements and arrangements among businesses.
Regarding to competition policy and law, in Section 36, Sub-section (b) of the new Constitution of the Republic of the Union of Myanmar which has been ratified by the National Referendum “the Union shall protect and prevent acts that injure public interests through monopolization or manipulation of prices by an
Competition law myanmar
Buddhism, specifically Theravāda Buddhism, is the state religion of Myanmar since 1961, and practiced by nearly 90% of the population. It is the most religious Buddhist country in terms of the proportion of monks in the population and proportion of income spent on religion. Adherents are most likely found among the dominant Bamar people, Shan, Rakhine, Mon, Karen, and Chinese who are well integrated into Burmese society. Monks, collectively known as the sangha (community), are venerated members of Burmese society. Among many ethnic groups in Myanmar, including the Bamar and Shan, Theravada Buddhism is practiced in conjunction with the worship of nats, which are spirits who can intercede in worldly affairs.
Central Bank of Myanmar
Central Bank of Myanmar
The Central Bank of Myanmar (Burmese: font-style:normal>script-myanmar>မြန်မာနိုင်ငံတော်ဗဟိုဘဏ်; MLCTS: mranma nuingngamtau bahuibhan; IPA-label IPA-label-small>IPA:IPA nowrap>[mjəmàwrap> nàinŋàndɔ̀wrap> bəhòʊbàn]; abbreviated CBM) is the central bank of Myanmar.
Corruption in Myanmar is an extremely serious problem
Institutional corruption in the country
Corruption in Myanmar is an extremely serious problem. Owing to failures in regulation and enforcement, corruption flourishes in every sector of government and business. Many foreign businesspeople consider corruption a serious barrier to investment and trade in Myanmar. A U.N. survey in May 2014 concluded that corruption is the greatest hindrance for business in Myanmar.
The print, broadcast and online mass media in Burma has undergone strict censorship and regulation since the 1962 Burmese coup d'état. The constitution provides for freedom of speech and the press; however, the government prohibits the exercise of these rights in practice. Reporters Without Borders ranked Burma 174th out of 178 in its 2010 Press Freedom Index, ahead of just Iran, Turkmenistan, North Korea, and Eritrea. In 2015, Burma moved up to 144th place, ahead of many of its ASEAN neighbours such as Singapore, as a result of political changes in the country.
There is a history of persecution of Muslims in Myanmar that continues to the present day. Myanmar is a Buddhist majority country, with significant Christian and Muslim minorities. While Muslims served in the government of Prime Minister U Nu (1948–63), the situation changed with the 1962 Burmese coup d'état. While a few continued to serve, most Christians and Muslims were excluded from positions in the government and army. In 1982, the government introduced regulations that denied citizenship to anyone who could not prove Burmese ancestry from before 1823. This disenfranchised many Muslims in Myanmar, even though they had lived in Myanmar for several generations.
Myanmar operates de jure as a unitary assembly-
Political system of Myanmar
Myanmar operates de jure as a unitary assembly-independent republic under its 2008 constitution. On 1 February 2021, Myanmar's military took over the government in a coup, causing ongoing anti-coup protests.
