A new position (“state counselor”) was created for Daw Aung San Suu Kyi which commentators compare to that of a prime minister. The military MPs voted against the law, but NLD’s majority in both chambers made sure that it was passed on 6 April 2016.
The Ministry of Electric Power and Energy will be headed by U Pyaw Myint Htun and the Ministry of Education by U Myo Thein Gyi, despite it having been originally announced that both ministries would be headed by Daw Aung San Suu Kyi herself.
The long-awaited Mobile Financial Services Regulations were issued by the Central Bank on 30 March 2016. Please find a detailed analysis inside our new newsletter (or the following post). An English translation of the Regulations is available on Central Bank’s homepage.
For the benefit of our readers, we have also included an English translation of the 2016 Shops and Establishments Law, an important piece of labour law legislation from early this year.
Our office is closed for the Water Festival holidays. We will open again only on 27 April 2016 as Nyein and I will be going to Vietnam on a business trip.
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