Counterfeit goods and illegal trade deters investors, draws focus on lack of IP laws

Counterfeit goods and illegal trade are among the biggest issues for businesses looking to expand in Myanmar, foreign investors and local businessmen told The Myanmar Times. Even though Myanmar has prioritised economic development and identified the sectors it wishes to promote, the counterfeit goods markets and illegal trading activities could undermine the government’s efforts to […]

Ajinomoto returns to Myanmar with ingredient from Thailand

YANGON: Japanese seasoning and food maker Ajinomoto Co has restarted sales of its namesake seasoning in Myanmar through a local subsidiary, aiming to cater to growing demand after suspending business in the country in 2000. The completion ceremony for a packaging plant of Myanmar Ajinomoto Foods Co was held on Tuesday in the Thilawa Special […]

Unilever sees growth in bottom and top of Asian economic pyramid

TOKYO/YANGON/MUMBAI — At a small shop tucked into a residential neighborhood of Yangon, one peculiar set of items has emerged as a hit seller among the snacks and household staples on offer: single-use pouches of Unilever shampoo, which dangle from the store’s walls and ceiling. Many in Myanmar still consider bottled shampoo of the sort […]

Ajinomoto to return to Myanmar

TOKYO — Ajinomoto plans to relaunch production and sales of its namesake seasoning in Myanmar in 2017, hoping to tap demand in the rapidly growing Southeast Asian market. The Japanese seasoning company halted operations there in 2000, when the country was still ruled by a military junta. The maker of the Aji-no-moto seasoning and other […]