Articles & Updates

‌Bank Guarantee ဆိုတာဘာလဲ

May 2, 2025

‌Bank Guarantee ဆိုတာဘာလဲ

Bank Guarantee (ဝါ) ဘဏ်အာမခံသည် ဘဏ်မှ တတိယ ပုဂ္ဂိုလ်အား ဘဏ္ဍာရေး ဆိုင်ရာ အကာအကွယ် ပေးသည့် အာမခံပေးမှု ဖြစ်ပီး လျှောက်ထားသူ မှ စာချုပ်ပါ တာဝန်များကို တတိယ ပုဂ္ဂိုလ်ထံသို့ ဆောင်ရွက်ပေးရန် ပျက်ကွက်သည့် အခါ ဘဏ်မှ ၄င်း ပေးချေရန် ရှိမှု သို့တည်းမဟုတ် ဆောင်ရွက် ပေးရန် ရှိမှု တို့အတွက် ဘဏ္ဍာရေးဖြင့် တတိယ ပုဂ္ဂိုလ်အား အကာအကွယ် ပေးသွားမည် ဖြစ်ပါသည်။

What Is a Bank Guarantee

May 2, 2025

What Is a Bank Guarantee

A Bank Guarantee provides financial protection to the third party by ensuring that the bank will cover the payment or performance in the event that the applicant fails to meet their contractual obligations. By transferring the non-performance b burden from the applicant to the bank, this secure financial instrument reduce risk and offers peace of mind to all parties involved.

Concerning With Debt Collection

August 27, 2024

Concerning With Debt Collection

Explore the process of debt collection in Myanmar for both businesses and individuals. Learn the common industries involved, such as banking, telecommunication, agriculture, and pharmaceuticals, and the legal steps to take in pursuing unpaid invoices.

The Jurisdiction of Arbitral Tribunals

May 23, 2024

The Jurisdiction of Arbitral Tribunals

Explore the jurisdiction of arbitral tribunals in Myanmar, especially when a case is referred from court to arbitration. This article discusses the scope of arbitration under the 2016 Arbitration Law and recent legal developments.

Online Sales Registration

October 2, 2023

Online Sales Registration

Learn about the new e-commerce registration requirements in Myanmar introduced by the Ministry of Commerce (MOC). This guide covers eligibility criteria, registration process, penalties, and renewal guidelines for online sales businesses.

Data Theft

September 20, 2023

Data Theft

In today’s digital age, data has become the lifeblood of business worldwide. Companies invest heavily in cybersecurity measures to protect their sensitive information from external threats, but sometimes the danger lies within. Data theft cases between employees and employers have been on the rise, posing significant challenges for organizations across industries.