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Interest in retail, wholesale sector continues unabated

Two years after the Myanmar Investment Commission’s announcement, the Ministry of Commerce (MOC) has permitted nine wholly foreign retail and wholesale providers to operate in the country. These include investors from Japan, Thailand, US, Singapore, and the Netherlands. The nine non-Myanmar companies are able to secure a green light from the authorities since the government […]

Mega Lifesciences marks 20th year in Myanmar

MEGA LIFESCIENCES, a Thai pharmaceutical firm, celebrated 20 years of operations and US$100 million (Bt3.5 billion) of business the company and its partners have secured since its inception in Myanmar. “From starting on a very small scale in 1995, to now having 1,400 staff, eight offices and presence in 50 towns and cities in Myanmar, […]

Bayer Opens New Office in Myanmar

German pharmaceutical company Bayer HealthCare has opened a new office in Yangon through its subsidiary Bayer Thai, the company announced. Bayer also signed an agreement with India-based Mega Lifesciences – a distributor of pharmaceutical and consumer goods – to distribute products of Bayer’s healthcare division in Myanmar. Bayer’s products to be distributed in Myanmar include […]

First-mover advantage: Mega Lifesciences

Mega Lifesciences poised to profit from the network it has built up in Myanmar since 1995, a model it has since applied to other underserved emerging markets. It has been 18 years since a Thailand-based company took a step that almost no one else dared make. Its decision to enter the then-closed economy of Myanmar […]