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All products required to display in Myanmar language or jointly with more languages accordance with Consumer Protection Law (2019)

Myanmar of today is keeping abreast with the world nations having started gaining a good development velocity. Alongside trade relations with the countries from the international community, Myanmar is importing different types of products and the consumers are extensively using foreign personal and household goods in this day and age. Today is age of information […]

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Myanmar: The manufacturing sector attracted 169 foreign projects worth USD $ 875 million in the current 2019 – 2020 financial year

Majority of foreign enterprises eye the manufacturing sector for investments in the current financial year 2019-2020, pulling in US$875 million from 169 projects, the Directorate of Investment and Company Administration (DICA) stated. Of 219 foreign enterprises permitted and endorsed by Myanmar Investment Commission and the respective investment committees between 1 October and 31 July of […]

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Myanmar: The value of regional trade reached USD $ 9.94 billion in the nine months of 2019 – 2020 financial year

The value of Myanmar trade with ASEAN countries through the sea route and land borders has registered at US$9.94 billion in the nine months (Oct-June) of the 2019-2020 financial year, according to the Ministry of Commerce.  The ministry reported that imports surpassed exports in regional trade, with exports reaching over $3.6 billion and imports valued […]

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Myanmar: Ministry of Commerce banned importers for providing forged or incorrect documents from applying for import licenses through online system

Department of Trade under the Ministry of Commerce on August 14 has placed a three-month ban on importers, warned by the FDA for providing forged or incorrect documents, from applying for import licenses through the online system. FDA has warned companies who provided incorrect or forged documents required when applying for Import Recommendation (IR). The […]

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