Myanmar Exports Seek Their Own, Unique, Identifying Barcode in the Vast World of Retail Products

Companies wish­ing to export their products will be­gin applying to Belgium-based global barcode as­sociation, GS1, for their country specific bar code by the end of the year. With the assistance of the Myanmar Barcode Association, companies with international ambi­tions are applying for this unique, but universally recognized barcode, to identify their product as “Made in […]

AMCC – Joint Chamber Business Networking Event on 13 July 2017 at Rose Garden

A-MCC and CCIFM proudly presents a Joint Chambers Business Networking event in celebration of receiving the 2017 Small Chamber of the Year in the Asia-Pacific region as part of the APAC 2017 International Chambers of Commerce awards. “APAC International Chambers of Commerce awards is an excellent opportunity for chambers of commerce in Asia Pacific to […]

The Clock is Ticking for Myanmar Government to Show Real Progress

Myanmar is not the only country in ASEAN which attracts foreign direct investments (FDIs), Simon Tay, chair of Singapore Institute of International Affairs (SIIA), said during the sideline interview of the 2nd ASEAN-Myanmar Forum held in the commercial capital yesterday. He added that the critical thing is to see some real progress in the next […]

Chambers of Commerce to suggest economic development in seven sectors

To effectuate the development of local businesses, the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) will give guidance on the needs in seven different sectors — agriculture, construction, energy, manufacturing, tourism, technology and finance, said U Zaw Min Win, the chairman of UMFCCI. The UMFCCI will submit an assessment report in […]

Govt urges UMFCCI to Take on Larger Role in Drawing FDI, Supporting SMEs

Senior government officials have called on Myanmar’s peak business body to step up and provide both a conduit for foreign investors and a representative for small local businesses, as the country’s economy seeks new strides in liberalisation. Speaking to over a 1000 businesspeople at the Union of Myanmar Federation of Chambers of Commerce and Industry […]

Singaporean businesspeople tend to boost trade, investment in Myanmar

SINGAPOREAN businesspeople are showing an increased interest in making investments in Myanmar. Singapore has invested a total of US$13,286.354 million, according to U Zaw Min Win, Vice President of the Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry. “Singaporean firms tend to invest more here.” said the UMFCCI Vice President, […]

Liquor drought before wine plan

The foreign liquor drought has continued for weeks since a late February move by some retailers to pull booze off the shelves, after promises of legalised imports did not materialise. Officials from the Myanmar Retailers Association head office in Yangon said they remain hopeful the government will pursue an explicit policy on alcohol imports that […]

Foreigners get a taste for food investment

Myanmar Industries Association (MIA) plans to support foreign investment in food production joint ventures as they apply for permission to set up in the coming months, said its chair U Zaw Min Win. The food industry has been picking up steam on the heels of entry by large international companies including American drink makers Pepsi […]

UMFCCI plans survey of business conditions

The Union of Myanmar Federation of Chambers of Commerce and Industry plans to use information gleaned from a business survey it begins this month to help the government formulate economic policy. The survey will also help the government to decide which sector or sectors to promote when the Asean Economic Community takes effect in 2015, […]