Myanmar’s new barcode expected to help exporters

Myanmar launched the GS1 Myanmar barcode, an internationally recognised standard that is expected to facilitate exports, at the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) last Saturday. The GS1 barcode system helps businesses find out information about the product quickly and accurately, reduce damage, and control distribution. It is also helps […]

KBank in border staff swap with Myanmar lender

KASIKORNBANK (KBank) is joining with Myanmar’s biggest lender, Kanbawza Bank (KBZ Bank), on a staff exchange programme for the border cities of Mae Sot and Myawaddy. The initiative is part of efforts to boost trade across the border. The focus is on import-export settlements via banking system and promotion of cross-border funds transfer via the […]

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 […]