Liquor sector among the latest COVID-19 casualty in local economy

Almost all liquor-related businesses in Yangon Region have closed and about 40 percent of liquor stores are likely to be permanently suspended, said U Myo Min Aung, chair of the Myanmar Beverages Merchants Association. “Most pubs and liquor stores had reopened after the first wave of COVID-19. Sales had yet to return to normal then, […]

Commerce ministry issues foreign liquor import guidelines in Myanmar

The Ministry of Commerce on May 25 issued regulations designed to relax Myanmar’s decades-old ban on alcohol imports. The ministry’s “Guidelines for the Importation of Foreign Liquor” allows foreign spirits with the cost, insurance and freight value of US$8 or above to be brought in from Yangon ports and the Yangon International Airport. “Before, alcohol […]

Retailers hit with liquor import ban

Liquor retailers are no longer allowed to sell imported brands, as it is a violation of Ministry of Commerce regulations. The ministry hasn’t allowed the import of alcohol, beer and cigarettes, except by duty-free shops and a few high-end hotels, since the days of the military government. However, the General Administration Department under the Ministry […]

Despite Limited Scope, Foreign Alcohol Flux Sends Shivers Through Industry

After a quiet campaign against reselling imported foreign alcohol, the government announced an easing of restrictions from the new fiscal year, which starts in April. However, there is still a great deal of uncertainty over the future of the foreign alcohol in Myanmar. Foreign liquor is still unavailable at supermarkets. The country’s leading chain CityMart […]

Permits to import wine, spirits due by end of year, official says

Wine is at the top of the list for granting official import permits for foreign-made alcohol and the permits should be granted by the end of the year, according to a senior official at the Ministry of Commerce’s Directorate of Trade. He said official permits for importing foreign liquor would also be ready by the […]

Fee increase hits Yangon liquor sellers

Liquor businesspeople may be reaching for the bottle for consolation after Yangon Region’s decision to raise the annual licence fees that shops and manufacturers must pay to operate. Fees will significantly increase for a range of different liquor manufacturers and sellers after legislation was passed on September 1, with licences for beer manufacturers increasing the […]

Presidential office reforms new investment commission

The Presidential office of Myanmar has reformed a new Myanmar Investment Commission by issuing notification number 42/2013 on May 3. An 11-member commission was reformed with Win Shein as chairman, Dr. Kan Zaw as secretary, Thuya Thaung Lwin as joint secretary and Win Tun, Zayar Aung, Dr. Tun Shin, Dr. Aung Tun Thet, Nyunt Tin, […]