Government to charge wine distributor

Executives of wine importer Premium Distribution will stand trial and face a possible prison term after a government investigation revealed the company was unable to produce an import licence for about 80,000 bottles of wine stored at its warehouse in Yangon, officials said. On December 4, a task force from the Ministry of Commerce raided […]

Govt Crackdown on Imported Alcohol Intensifies, to Concern of Retailers

YANGON — In the past week, the Ministry of Commerce has intensified its crackdown on what it deems illegally imported alcohol, sparking further unrest among retailers, including Myanmar’s biggest supermarket chain City Mart. Most retailers have now stopped sales of foreign booze out of fear for being raided, leading to a shortfall of liquor supplies […]

President encourages Europe to invest in Myanmar

President U Thein Sein urged European companies to make responsible investments in Myanmar’s growing businesses during a meeting with High Representatives from the European Union (EU) in Naypyidaw on 15 November. Fiscal support from European corporations would boost both Myanmar’s commercial sector and its economy. As a result, European backers would get a high return […]

Thailand: Pongsak’s mission to revive Dawei hopes

The government has named a special task force headed by Energy Minister Pongsak Raktapongpaisal in its latest move to kick-start the massive Dawei project in eastern Myanmar. Deputy Prime Minister and Commerce Minister Niwatthamrong Bunsongphaisan said Mr Pongsak will lead a team to Myanmar today together with officials from the Finance and Interior Ministries and […]