Yangon has seen an increase in number of cars since the country opened up in 2011

Imported Cars with 1800 cc and above engine will be imposed special freight taxes, said Myanmar Customs Department. CIF five per cent is also added to custom duties. Obviously, 1800 cc cars are not meant for all strata of people. Besides, these cars are in low demand at the market. Increasing the tax means the […]

Foreign wine imports to hit Myanmar’s shelves

Wine suppliers are distributing foreign brands into the local market legally for the first time after the Ministry of Commerce opened the door to imported wine earlier this year, though only a handful of companies have so far been licenced, industry sources said. U Tin Ye Win, a commerce ministry director in Nay Pyi Taw, […]

JICA to Help Gov’t Modernise Customs Dept

The Myanmar Customs Department under the Ministry of Finance and Japan International Cooperation Agency (JICA) are going to implement a technical cooperation project in a bid to modernise Myanmar’s customs and introduce an automated cargo clearance system. With an expected rise in trade volume in near future, Myanmar Customs is trying to upgrade its decades-old […]