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Myanmar - Asia's last frontier economy now opens to the world

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Source: Asia Insurance Review | Jul 2016

Myanmar, also known as the "last frontier nation" for foreign investors, has opened its doors to foreign insurers. According to the Myanmar Insurance Business Supervision Committee, 22 insurance companies have set up representative offices in Myanmar out of which three Japanese insurers have been given permission from the Insurance Business Regulatory Board (IBRB) under the Ministry of Finance to operate from the Thilawa special economic zone (SEZ).

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