Commerce ministry allows re-export licensing for more commodities

The Ministry of Commerce will continue to issue licences for re-exporting because of the foreign market’s demand and the local production process. Over 20 categories of commodities are re-exported to other foreign countries after being locally reproduced at its origin. The main categories of re-export are sugar, fuel oil (diesel) and betel nut. Sugar exports […]

Myanmar ripe for Thai investment, says envoy

Thai businesses should take a more aggressive approach to penetrating Myanmar before other investors get too far ahead, according to Thailand’s ambassador to Myanmar, Visanu Suvanajata. Although Thailand and Myanmar are neighbours, Thai investment in the country remains small with fresh investment pouring in at slower pace compared with other countries. “Thai investors should hurry […]

Osotspa, Myanmar’s Loi Hein set up beverage joint venture

Osotspa Co, a Thai manufacturer of pharmaceutical and consumer products, and Myanmar-based Loi Hein Co have established a joint venture, Osotspa Loi Hein, to strengthen the competency and penetration of Osotspa beverages in Asean. Osotspa Loi Hein will take full charge of marketing, sales and distribution for all Osotspa beverages in Myanmar, especially the M-150 […]

Big tobacco eyes Myanmar market

A smoky haze greets customers walking into any of Yangon’s tea shops as patrons light up hand-rolled cigarettes known locally as cheroots. Elsewhere in Myanmar’s main city, vendors sell cheap cigarettes smuggled from China to drivers stopped at traffic lights. The pavement is painted red with the spit of people chewing tobacco wrapped in betel […]