"In brief In an effort to meet the current exigencies faced by Myanmar as a result of the COVID-19 pandemic, the Myanmar Government had, on 27 April 2020, launched the COVID-19 Economic Relief Plan (CERP). The CERP comprises seven goals, 10 strategies, 36 action plans and 76 actions, each with an estimated timeline and designated authority in charge, covering a range of fiscal and social measures. Key Takeaways Businesses in Myanmar should consider the various financing options and tax deferrals/waivers that may be applicable to their operations but also be mindful of possible conditions attached to those relief measures. For example, it appears that companies applying for loans under the government credit guarantee scheme would have to undertake to retain or rehire their employees but there are currently scant details on whether the employers can adjust the salaries or the moratorium period in which they are prohibited from dismissing their employees. Foreign investors who have been looking at the Myanmar market may take the opportunity to seek fast-track approvals of their investments into the country, in particular for reputable international firms as well as companies in the promoted areas of renewable energy and strategic infrastructure, delivery and logistics services, healthcare, including the manufacturing of medical-related products, and digital payment services..."