SkyscraperCity banner

1 - 7 of 7 Posts

·
Moderator
Joined
·
34,064 Posts
Discussion Starter · #1 · (Edited)
Deloitte to open Myanmar office

http://www.timesofmyanmar.com/?p=1926



Deloitte Touche Tohmatsu Ltd, one of the world’s “Big Four” accounting firms, will open its first office in Myanmar in January, the latest major global company to set up shop in the country emerging from years of political and economic isolation. Chaly Mah Chee Kheong, chief executive for Asia Pacific region, said that Deloitte had identified a local partner and would formally announce the move in December.
 

·
Moderator
Joined
·
34,064 Posts
Discussion Starter · #2 ·
http://www.kpmg.com/nl/nl/issuesand.../pages/kpmg-announces-new-myanmar-office.aspx

KPMG Announces New Myanmar Office

KPMG in Thailand has expanded to Myanmar, becoming the first of the Big Four professional services organizations to have a presence in the country, which is widely seen to be the "next economic frontier" in Asia.

The recent easing of many international sanctions against Myanmar, also known as Burma, has sparked a great deal of interest from investors globally.

"With the easing of trade sanctions, Myanmar has the potential for tremendous growth, and many multinationals and other investors are already entering the market or exploring opportunities," said Michael Andrew, Chairman, KPMG International. "In addition to the in-depth local knowledge and capabilities of the new office, KPMG can support clients investing in Myanmar with extensive global resources, including specialized practices in areas such as Financial Services, Healthcare, Hospitality and Infrastructure. We look forward to contributing to Myanmar's economic resurgence and to helping clients succeed in what should be a rapidly expanding economy."

Tax and Advisory services will initially be offered in the Myanmar office, with plans for Audit services to follow. The Myanmar office will be able to draw on the full capabilities of KPMG in Thailand and its more than 1200 professionals, with additional support from KPMG firms in Japan and Singapore.

Kaisri Nuengsigkapian, CEO of KPMG in Thailand has led the initiative to extend operations to Myanmar and is enthusiastic about the potential. "Myanmar is the second largest country in Southeast Asia, and literally at the center of opportunity in the region. Investors are flocking to the country and are excited about the possibilities they are finding. KPMG in Thailand is proud of the leadership role we are taking to support them."
 

·
Moderator
Joined
·
34,064 Posts
Discussion Starter · #3 ·
Ernst & Young opens new member firm in Myanmar

http://www.nst.com.my/latest/ernst-young-opens-new-member-firm-in-myanmar-1.252348

KUALA LUMPUR: Leading professional services organisation Ernst & Young has opened a new member firm in Myanmar.

In a statement, it said the new firm, Ernst & Young (Myanmar) Ltd, extends Ernst & Young's footprint to 22 countries in Asia-Pacific and 151 worldwide.

"It will provide tax, transaction and other business advisory services to clients that are seeking to invest and grow their business in Myanmar," it said.

It said Ernst & Young's Singapore practice will continue to act as a central hub to assist with client enquiries on investing and operating in themarket.

Ernst & Young's Asia-Pacific Managing Partner, Lou Pagnutti, said there has been growing interest in Myanmar from both Asian and other international investors since the easing of trade sanctions in the country.

"Years of under-investment in the country means that it now presents tremendous potential for growth and investment.

"We are very excited to establish a formal presence in this new market, where it is important that we continue to be close to where our clients are and want to be," he added. - BERNAMA
 

·
Moderator
Joined
·
34,064 Posts
Discussion Starter · #4 ·
Ernst & Young opens Myanmar firm

http://www.mizzima.com/business/investment/9218-ernst-a-young-open-myanmar-firm.html

Leading professional services organization, Ernst & Young, announced the opening of a Myanmar branch on Tuesday.

The new firm aims to provide tax, transaction and business advice to clients looking to invest in the country.

"We are seeing growing interest in Myanmar from both Asian and other international investors since the easing of trade sanctions in the country. Years of under-investment in the country means that it now presents tremendous potential for growth and investment," said Lou Pagnutti, Ernst & Young’s Asia-Pacific managing partner, in a statement following the announcement.

He said that the US-company, which already has presence in 151 countries worldwide, was excited to establish a formal presence in this new market.

"It is important that we continue to be close to where our clients are and want to be – and we are confident about creating value for them as we help them navigate the opportunities and risks in this relatively uncharted territory," he said.
 

·
Moderator
Joined
·
34,064 Posts
Discussion Starter · #5 ·
Deloitte Consulting to enter Myanmar

http://www.elevenmyanmar.com/business/3719-deloitte-consulting-to-enter-myanmar

US-based Deloitte Consulting which are giving consulting services in South East Asia countries is planning to make investment in Myanmar, sources say.

A representative from ICS Pte Ltd. of Deloitte Consulting came to Directorate of Investment and Companies Administration (DICA) on Thursday to discuss about rules and regulations of investment and opportunities to invest.

The Deloitte Consulting is giving consulting services in mining, oil and natural gas, energy, water resources, banking, insurance, real estates, education, technology and travel sectors at over 140 countries and has branch office in Singapore, Indonesia, Malaysia, Thailand and Vietnam.

After Myanmar has amended and established foreign investment law in 2012, international is interested to make investment in every sectors.

On October 7, another US based insurance company Metlife Insurance has been approved to open representative office in Myanmar by DICA. Moreover US based Colgate-Palmolive that specializes in household, health care and personal products came to DICA office to discuss about possible investment in Myanmar on Wednesday.

According to foreign investment law, foreign investment amount is over US$43 billion until August 2013. In eight month time from January 1 to the end of August in this year, UK, Vietnam, Hong Kong, South Korea, China, Australia, Japan, India and Canada made over US$2 billion investment.
 

·
Registered
Joined
·
11 Posts
One of the oldest foreign legal and tax firms

One of the oldest foreign legal and tax firms DFDL


DFDL provides a full range of legal and tax services to foreign and local investors operating in Myanmar. Our team of more than 30 experienced local lawyers and foreign legal advisers in Yangon and Naypyidaw provides efficient, effective and practical legal services at an international standard, coupled with a high level of personal in-depth knowledge of the local environment. Our Myanmar business unit is led by Partner and Managing Director William D. Greenlee, Jr., who also leads our China Desk.

Founded in 1995, DFDL is one of the oldest foreign legal and tax firms in Myanmar. DFDL is best placed to advise Asian and international companies on their investments in Myanmar.
 
1 - 7 of 7 Posts
Top