Myanmar’s heavily criticised draft trade law will not burden companies with another layer of bureaucracy and may be amended before submitting to the cabinet and then parliament, according to senior officials.The legislation was still in the consultation process and would be referred to the Attorney General within four months.Lawyers for the World Bank and Germany’s […]

The Ministry of Commerce (MOC) recently announced that it has issued registration cards to 72 trading firms providing retail and wholesale services.Thirty-four wholly foreign enterprises from Thailand, Japan, the Netherlands, the US, China, Singapore, Switzerland, Malaysia, Poland, the Republic of Korea, and Germany have been granted registrations, along with 11 domestic businesses owned by Myanmar […]

Myanmar’s exports of natural gas over the past two months of the current financial year amounted to US$579 million, an increase of about $150 million compared with the corresponding period of the 2018-2019 fiscal, according to the Commerce Ministry.The increase in the value of exports is linked to the rise in the price of natural […]