Myanmar legal and regulatory updates 2021 Banner Image

Myanmar legal and regulatory updates 2021

Friday, Sep 10, 2021, 03:30 pm
Exclusive briefing for members Myanmar

Derrick Wong
Wealth Ocean Services Limited

Derrick Wong is the director of Wealth Ocean Services Ltd., an established company in maritime industry for over 30 years whose commercial activities covers several major sector in the maritime industry.

An alumnus of Cambridge University, Derrick completed further postgraduate studies with World Maritime University and Yangon University where he studied business law.

He led several projects in Myanmar helping the development of the local maritime education infrastructure, working closely with the Myanmar maritime authorities, and also raised awareness for Myanmar’s maritime development by writing for a local newspaper. As a certified ISO9001:2015 lead auditor he also carried out consultancy work for the local logistics sector.

Derrick is equally active in Hong Kong marine department’s public consultation committee on the operation of Hong Kong fleet.


TSENG Chin-Po (Bob) 

Managing Partner

Mr. Tseng is the Managing Partner of Thanlwin Legal and the Co-Chair of Legal Committee, AmCham Myanmar.  He is qualified in both China and Taiwan. 

In Myanmar, Mr. Tseng combines and draws on his international practice experience to offer legal services and counsel in joint venture, investments, mergers and acquisitions, banking, infrastructure and construction, among others.

Mr. Tseng has developed a trustworthy reputation in Myanmar.  Mr. Tseng provides ongoing consultancy to the local conglomerates, MNCs, and government bodies.

Mr. Tseng is regularly invited to speak at international conferences on doing business and investments in Myanmar, due to his extensive experience aiding Chinese and international investors entering the Myanmar market.

Mr. Tseng’s legal career spans through various countries in the Asia-Pacific Region and the Greater China Area.  He has amassed vast experience across multiple jurisdictions, including Shanghai, Hong Kong, Taipei, Singapore, and Yangon, in corporate transactions, mergers and acquisitions, and corporate counseling. 

Representative Experience

Represented the Myanmar government for the tendering, development and operation of a special economic zone; led the establishment of 2 industrial parks

Advised on the investment on the upgrade of the Burma Road (Mandalay – Muse Highway), a backbone project to China Myanmar Economic Corridor (CMEC)

Assisted a tenderer for the Yangon Central Railway Station Project in relation to investment structuring and review of Request for Proposal and Concession Agreement

Spearheaded the market entry of over 15 international banks into Myanmar, and managed inter-bank loans and finance projects where the major Myanmar banks and local enterprises are parties

Advised on forming a joint venture between the largest securities company in Taiwan and a Myanmar firm to conduct securities business; led an acquisition of a securities company; guided insurance, microfinance, and leasing companies into Myanmar

Initiated capacity buildings with of Central Bank of Myanmar, the Myanmar Investment Commission, and the other governmental authorities

Advisor, The Chamber of Young Lankan Entrepreneurs (COYLE)

Latest Thinking and Events

Interviewed by FT, BBC, Myanmar Times, Caixin, Hong Kong DW News, Business Weekly on Myanmar matters

Speaker, BRI and Global Economy amidst the COIVD-19 Pandemic, International Finance Forum, 2020

Invited by the World Bank to score on “Ease of Doing Business in Myanmar” projects

Speaker, BRI and Legal Services, Shanghai Law Society & International Chamber of Commerce, 2019

Lecturer, Banking in ASEAN, the Taiwan Academy of Banking and Finance, 2017

Moderator, 14th World Chinese Entrepreneurs Convention, lecture of the Myanmar Investment Forum featuring the Minister from the Ministry of Planning and Finance, commissioners of the Myanmar Investment Commission, and leaders of local business, 2017

Lecturer, Business Negotiations in Myanmar, ESSEC Business School (Singapore), 2018

Lecturer, Comparative Studies on Myanmar and China Legal System, Guangxi University for Nationalities, 2017

Delegate of Singapore Business Federation to visit Taiwan government, 2016; Delegate of the 2nd Joint Meeting between CIECA and MUFCCI, 2016.