Commerce minister to boost trade and target smuggling

The Union Minister for Commerce aims to triple the value of trade within his five-year term and will focus on promoting exports to help reduce the country’s widening trade deficit, as well as tackling smuggling networks to formalise illegal trade. U Than Myint made the comments during a meeting with traders in Yangon, in which […]

Smuggling Across Borders With China, Thailand Rising: Minister

YANGON — Minister of Commerce Win Myint has said that the volume of goods being smuggled across Myanmar’s borders with China and Thailand is on the rise, despite recent efforts by authorities to crackdown on the rampant, unregulated trade. “Because of an increase in smuggling the normal trade volume is going down,” Win Myint told […]

Phone Smuggling Goes Unabated as SIM Card Sales Soar

Amid rapid network expansion and increasing SIM card sales from Myanmar’s three telecom players, legally imported mobile handsets are slim in number in a market overwhelmed by smuggled devices, a government official said. Mobile handsets entering the country via air, sea or overland channels were previously subject to 10 percent custom tariff, 5 percent commercial […]

Myanmar sees dramatic rise in timber smuggling, official says

Yangon – Myanmar seized more than 15,000 tonnes of illegally harvested timber in the first two months of this fiscal year, a tenfold increase over the same period last year, a government official said Thursday. The figures were revealed less than a month after the country announced plans to reduce its output of processed teak […]

Mobile Team to Check Air and Sea Cargoes

Union Minister U Win Myint said the country’s Mobile Team will check cargoes, being carried into Myanmar via air and water ways, whether they are legal or not. Usually, the Mobile Team examines goods being couriered across Myanmar’s borders in vehicles using the country’s motorways. Union Minister U Win Myint has confirmed a six-month test […]

Illegal car trading occurs along Myanmar border

Cars are being illegally imported to Myanmar through forty routes along Myanmar border, according to the Deputy Minister Dr. Pwint San of the Ministry of Commerce on July 23 at Naypyitaw. From 2011-2012 financial year to 2013 June in new Government administration, more than 2007 cars without license have been seized in three states, and […]