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Illicit imports threaten Myanmar’s e-commerce players

The commerce ministry committed to developing the country’s nascent e-commerce sector as a means to boost trade and create jobs, but the lack of infrastructure and rampant illicit trade pose a serious threat to the emerging industry. The report from the United Nations Conference on Trade and Development (UNCTAD) titled “Rapid eTrade Readiness Assessment of […]

Myanmar Ranks Near Bottom of Global Illegal Trade Index

YANGON—Myanmar urgently needs to combat illicit trade, particularly in the areas of logging, mining, human trafficking and consumer goods, the Transnational Alliance to Combat Illicit Trade (TRACIT) said after the country placed near the bottom of a global index on illicit trade. Myanmar ranked 82nd out of 84 countries—followed only by Iraq and Libya—in the […]