Customs claim Ks 140m of seizures

Within 10 days in early November, about Ks 140 million (US$140,000) worth of contraband, including garment-factory materials and bracelets assumed to be made from jade, were caught at airports, ports and borders, according to the Customs Department. At Yangon International Airport, approximately Ks 1.9 million worth of commodities were confiscated. In one case, Ks 1.5 […]

Inspectors find illegal imports at four ports

Mobile teams inspecting ports for illegal imports have found containers carrying unlicenced goods at four seaports, officials said. Inspections at four ports, including Asia World Port, covered 15,060 containers since the crackdown on illegal trade through ports began on July 2. When the crackdown began officials said the first month would be an “education” period. […]

Govt to take action on illegal fuel imports

The authorities will start inspections at airports and ports to clamp down on illegal fuel imports, according to the Illegal Trade Prevention Central Committee (ITPCC). “The government’s crack down on fuel smuggling started last November to stop fuel smuggling, but there has been no seizure of fuel smugglers yet,” said Nyunt Aung, deputy director general […]

Siam Cement Using Cash Pile to Grow in Indonesia & Myanmar

Siam Cement, Asia’s biggest cement producer by market value, plans to buy as many as five companies in Southeast Asia as rising incomes boost demand for homes and governments increase spending on infrastructure. Bangkok-based Siam Cement is in talks with companies including a building-materials producer in Vietnam, President Kan Trakulhoon said, without naming them. The […]