Canon pardons copycats after public apology

Japanese electronics giant Canon has agreed to drop a case against four Myanmar sellers of imitation ink cartridges, following a public apology. Two shopkeepers in Nay Pyi Taw and two in Pyinmana had been selling fake Canon cartridges for almost four years. After making inquiries, Canon opened a case at Myoma Police Station in Nay […]

Active black market discourages foreign firms, says minister

The prominence of the domestic black market continues to discourage prospective foreign investors from entering the country, according to Minister of Commerce U Win Myint. Foreign firms are worried that black market goods are often sold at unfairly low prices because importers avoid paying import duties and taxes as well as following proper regulations, and […]