The vast majority of mobile phones brought into Myanmar – including iPhone or Samsung Galaxy-series handsets – do not follow correct import procedures, said Minister of Commerce U Win Myint. About 98 to 99 percent of all imported handsets are brought in without import licences, with only about 200,000 licences being issued for about 10 […]
Govt aims to formalise phone imports
July 8, 2014 by thiha
Filed Under: Latest News Tagged With: handsets, import licences, Minister of Commerce U Win Myint, mobile phone, Myanma Posts and Telecommunications, U Htin Lin Kyaw, U Tin Ye Win, U Win Myint
Active black market discourages foreign firms, says minister
July 7, 2014 by thiha
The prominence of the domestic black market continues to discourage prospective foreign investors from entering the country, according to Minister of Commerce U Win Myint. Foreign firms are worried that black market goods are often sold at unfairly low prices because importers avoid paying import duties and taxes as well as following proper regulations, and […]
Filed Under: Latest News Tagged With: Daw Tin Ohmar Tun, domestic business, foreign firms, foreign investor, Inez Siantar, Japanese manufacturer Canon Inc, Minister of Commerce U Win Myint, Ministry of Commerce economics advisor U Maung Aung, Mobile team, Singapore-based Canon representative, World Trade Organization
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