Businesses in Myanmar urged to register trademarks in line with new law

Business owners should register their trademarks in line with the Trademark Law to streamline the process of shifting from the first-to-use system to the firstto-file system, the Ministry of Commerce (MOC)announced on August 28. The first-to-file system grants trademark owners the right for registration of the mark to the person who files his application under […]

Govt commits to developing secure ecosystem for e-commerce in Myanmar

As COVID-19 continues to disrupt the traditional workings of the Myanmar economy, e-commerce is expected to be a key driver of growth for the country post-pandemic, said U Aung Htoo, deputy minister of Commerce, during a virtual conference held on May 28. The Ministry of Commerce (MOC) will release an overview of a plan to […]

Construction of Yangon expressway to start in August: ministry

The Ministry of Construction (MOC) expects the first phase of construction of the Yangon Elevated Expressway (YEX) to commence by August, Deputy Director General U Kyi Zaw Myint said. The MOC released a final request for proposal for the development of phase 1 under a Public Private Partnership (PPP) to ten prequalified bidders on February […]

Draft law to create trade authority, empower commerce ministry

The Ministry of Commerce (MoC) has drafted a law to establish a trade development body made up entirely of cabinet ministers and empower the new authority and MoC to issue lists of restricted items and non-tariff regulations. The legislation is expected to be approved by parliament within this year and the drafting was supported by […]

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 […]

Sugar export licences to be suspended on lack of demand

The Ministry of Commerce (MOC) last month suspended 103 licenses to re-export sugar due to a lack of demand from China, said U Win Htay, deputy chair of the Myanmar Sugar and Sugarcane Related Products Merchant & Manufacturers Association. Out of 103 companies, 49 companies will have their trading registrations suspended for three months, while […]

Myanmar ups efforts to stem fall in rice exports

Myanmar’s rice exports have been falling over the past year, and the government is upping efforts to diversify its markets and reduce costs to better compete with other exporting countries. Myanmar exported 1.7 million tonnes of rice and broken rice worth US$ 578 million in between April and December last year, according to the Ministry […]

Confusion emerges after foreign liquor ban

At a liquor store in downtown Yangon, bottles of whisky and wine are on display. Upon closer inspection, one soon notices that wines from Argentina to New Zealand are for sale, but only whiskies made locally are available. “Foreign liquors are not on display because we are not allowed to sell them,” the sales assistant […]

Four retail-wholesale JVs permitted to operate

Six months after allowing foreign investors to register and participate in the domestic retail and wholesale sector in May, the Ministry of Commerce (MOC) has so far permitted four joint ventures between foreign and local investors Under notification 25/2018 issued on May 9, the MOC allowed 100 percent foreign-owned businesses to operate in the retail […]

Govt bans MLM firms

The Ministry of Commerce (MOC) on September 18 issued notification (46/2018) which prohibits the business of multi-level marketing (MLM) in Myanmar. The ban will take effect immediately. Action will be taken against all MLM businesses found to still be in operation after the date of the issued notification, under the Essential Supplies and Service Law. […]