• Home
  • About Us
    • Our Founder
    • Our Story
    • Myanmar Investment Seminar
    • Singapore Business Federation’s Networking Session in Yangon
  • Legal Update
    • New regulation on Visa Extension for foreigners wef 14 Sep 2022
    • Directors, shareholders in absence of Annual Return disallowed to set up new companies
    • Central Bank of Myanmar’s Foreign Currency Conversion Requirements
    • Change of Fiscal Year for Tax Submission
    • Import office equipment and service related equipment
    • Setup 65%/35% JV Company
    • Private School Education Law
    • Approved Foreign Investment
    • Foreign banks
    • Corporate Tax
    • Personal Income Tax
    • Franchising
    • Trademark
    • Arbitration Law
    • Registration of Association or NGO
    • Restrictions on trading activities
      • Wholesale, Trading and Retail Sectors
    • Prioritized Investment Activities
    • Promoted Sectors under MIL
    • Development Zone for Tax Exemption under MIL
    • Restricted Investment Activities under MIL
  • Useful Info
    • Myanmar COVID19 Travel Restrictions
    • Public Holidays in Myanmar for 2021
    • Yangon Taxi
    • Tourist eVisa
    • 12 Types Myanmar Entry Visa
    • Restricted areas for foreigners and tourists in Myanmar
    • Foreign Banks with branches in Myanmar
    • Insurance Companies
    • Business Chambers and Associations in Myanmar
    • Myanmar Exhibtion Hall
  • Testimonials
    • EB5 Capital – Testimonial
    • Eletec Elevators – Testimonial
    • Avialite – Testimonial
    • Momoride – Testimonial
    • ProDVD – Testimonial
    • Mitosis – Testimonial
    • Echo Communications – Testimonial
    • C Square – Testimonial
    • OSI – Testimonial
    • ASIGWLL – Testimonial
    • EOS Group Management – Testimonial
    • Our Client List
  • Internship
  • Contact

Consult Myanmar

for fruitful investment in Myanmar

  • Payment Service
  • Business Visa
  • Stay Extension
  • Business Opportunity
  • Company Registration
  • Myanmar Virtual Office
  • Myanmar Investment Commission
  • Due Diligence
  • More

Illegal trade takes a heavy toll on country’s economy

October 30, 2018 by Thiha

Smuggling and illegal trade continue to be a major problems for the country’s economy, says the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI). According to the Business Sentiment Survey issued by UMFCCI in May, illegal trade stands at sixth among the top 10 issues hampering the country’s economy. The survey was […]

Filed Under: Latest News Tagged With: 2018 Global Illicit Trade Environment Index, Anti-Illicit Trade Forum, Asian Countries, Business Sentiment Survey, China, deputy country manager, Dr Aung Thein, economic development, Economist Intelligence Unit, Illegal Trade, international market research organisation, Minister of Finance and Planning, Ministry of Commerce, Ministry of Commerce Deputy Secretary, Ministry of Planning and Finance, Ms Marie Pegie Cauchois, Myanmar, Myanmar Industries Association Chair, Myanmar Rice Millers' Association, Private Sector Development Committee, Secretary, SME, Thailand, U Aung Kyi Soe, U Khin Maung Lwin, U Nay Lin Zin, U Soe Win, UMFCCI, UMFCCI Secretary, Union Minister, Union of Myanmar Federation of Chambers of Commerce and Industry, United Nations Office on Drugs and Crime, UNODC, Vice President U Myint Swe
Myanmar Virtual Office Rental

Our Office in Yangon

Some of Our Clients:

ATAD Pre-Engineered Steel Buildings Vietnam logo
Slipform Sytems Austria logo
Oway Ride Logo
Thinh Phat Cable Vietnam Logo
Echo Communications Logo
Chun An Shipping Singapore China
Hunter Douglas Logo
STIHL THK Power tools logo

Copyright © 2023 — Consult-Myanmar Co Ltd, Myanmar Co Reg No: 100066009, • All rights reserved. • Privacy Policy • Disclaimer