SINGAPORE, November 5, 2025 – Duane Morris & Selvam (Myanmar) is pleased to announce the promotion of CN Bei Lo, Khin Kuu Kuu Khaing, and Nhkum Bawk Seng, effective 1 October 2025. These advancements reflect the firm’s ongoing commitment to nurturing talent and strengthening its leadership in the region.
• CN Bei Lo has been promoted to Special Counsel. Based in Yangon, Bei Lo advises on corporate law, company formation, compliance, and due diligence. Recognised as a “Rising Star” for Restructuring by IFLR1000 (2022–2024), he is well regarded for his expertise in complex corporate matters. • Khin Kuu Kuu Khaing has been promoted to Senior Associate. She advises on corporate law matters, including company registration, regulatory compliance, and foreign investment, and has significant experience guiding international clients in Myanmar’s real estate sector. • Nhkum Bawk Seng has been promoted to Senior Associate. Her practice also centers on corporate law, with a strong background in due diligence and legal research, especially in relation to real estate and regulatory compliance.
Leon Yee, Chairman of Duane Morris & Selvam LLP, commented, “These promotions recognise the dedication, expertise, and leadership of Bei Lo, Khin Kuu Kuu Khaing, and Bawk Seng. Each has made significant contributions to our clients and the firm, and we are confident they will continue to play an important role in our growth and success.”
About Duane Morris & Selvam (Myanmar) Limited Duane Morris & Selvam (Myanmar) Limited presents a powerful offering for those interested in exploring the dynamic market of Myanmar. With our Myanmar lawyers, a third of whom are resident in Yangon, we possess experienced “on the ground” capabilities in Myanmar and provide a formidable force to support your legal needs in this fast-emerging economy. Headquartered in Yangon, Myanmar, we are able to offer the best in local and global legal support. Our network of 29 offices and more than 900 lawyers globally enables us to act as effectively for multinational businesses seeking market entry in Myanmar as we do for local businesses seeking to globalise and regionalise their structures. We provide a full suite of legal services for companies seeking inbound and outbound opportunities across a wide range of industry sectors.
SINGAPORE, March 10, 2025 – Selvam LLC is pleased to announce the promotion of Patrick Ong to Director, effective 1 March 2025. This promotion recognizes Patrick’s contributions to the firm and his commitment to delivering outstanding legal services to clients.
SINGAPORE, August 19, 2024 — Duane Morris & Selvam LLP is pleased to announce the appointment of Suilyn Yip as Head of Venture Capital. Suilyn, a distinguished partner in the firm’s full-service corporate practice, will bring her extensive expertise in corporate law to this pivotal role, further enhancing the firm’s venture capital practice and solidifying its position as a leading advisor in the sector.
At the 50th anniversary of the Association of Banks in Singapore (“ABS”) last Friday, Senior Minister and Monetary Authority of Singapore (“MAS”) chairman Mr. Tharman Shanmugaratnam announced that improvements will be made to the tax incentive scheme for single family offices (“SFO”) in Singapore. These include providing tax privileges, incentives or grants for contributions to charity, channelling capital towards blended finance and investing in the mitigation of global climate change. Further details of these will be announced by the MAS in July.
SINGAPORE, 14 October 2022 ― Selvam LLC is pleased to announce the appointment of Daniel Soo as the head of its Restructuring and Insolvency Group. Soo will continue as a partner in the firm’s Litigation and Dispute Resolution Group.
MAS Amends Sections 13O and 13U Application Guidelines for Family Offices in Singapore
The Monetary Authority of Singapore (MAS) has amended its requirements for family offices[1] applying for tax incentive schemes pursuant to Sections 13O and 13U of the Income Tax Act 1947 (the Act). The following amended policies apply to all first preliminary submissions received by MAS on or after 18 April 2022 for these schemes, and MAS may require applications that have received no communication from MAS for a span of at least six months to be resubmitted under the amended guidelines. The following applications are not subject to the amended policies:
Ever since Russia’s act of aggression against Ukraine that began on 24 February 2022, the United States and several of its key allies have successively imposed significant sanctions against Russia. These sanctions range from prohibitions on trade and investment in certain regions of Ukraine and the designation of specific nationals that cannot interact with the market and financial system of United States, to imposing new sovereign debt restrictions and even cutting Russia further off from the global economy by removing them from the Society for Worldwide Interbank Financial Telecommunication (aka SWIFT) messaging system and disconnecting them from the international financial system, making them no longer able to operate globally. On 8 March 2022, the Biden administration also announced that the United States would be banning the import of Russian oil.
Singapore has joined these efforts, with Minister for Foreign Affairs Dr. Vivian Balakrishnan issuing a Ministerial Statement in Parliament on 28 February 2022, stating that Singapore intends to impose its own sanctions against Russia. On 5 March 2022, the Ministry of Foreign Affairs (MFA) issued a press statement with two factsheets that set out the details of the economic sanctions and restrictions.