Starbucks will open its first coffee shop in Myanmar at the Sule Square Mall in downtown Yangon. The Myanmar Investment Commission (MIC) officially endorsed the service provider Coffee Concepts Myanmar Limited (CCM) to be the sole operator for catering and sales of Starbucks food and beverages; sales of Starbucks brand products, and the operation of […]
Commerce ministry allows re-export licensing for more commodities
October 20, 2016 by
The Ministry of Commerce will continue to issue licences for re-exporting because of the foreign market’s demand and the local production process. Over 20 categories of commodities are re-exported to other foreign countries after being locally reproduced at its origin. The main categories of re-export are sugar, fuel oil (diesel) and betel nut. Sugar exports […]
Myanmar ripe for Thai investment, says envoy
November 5, 2015 by
Thai businesses should take a more aggressive approach to penetrating Myanmar before other investors get too far ahead, according to Thailand’s ambassador to Myanmar, Visanu Suvanajata. Although Thailand and Myanmar are neighbours, Thai investment in the country remains small with fresh investment pouring in at slower pace compared with other countries. “Thai investors should hurry […]
Osotspa, Myanmar’s Loi Hein set up beverage joint venture
March 16, 2015 by
Osotspa Co, a Thai manufacturer of pharmaceutical and consumer products, and Myanmar-based Loi Hein Co have established a joint venture, Osotspa Loi Hein, to strengthen the competency and penetration of Osotspa beverages in Asean. Osotspa Loi Hein will take full charge of marketing, sales and distribution for all Osotspa beverages in Myanmar, especially the M-150 […]
Big tobacco eyes Myanmar market
November 22, 2013 by
A smoky haze greets customers walking into any of Yangon’s tea shops as patrons light up hand-rolled cigarettes known locally as cheroots. Elsewhere in Myanmar’s main city, vendors sell cheap cigarettes smuggled from China to drivers stopped at traffic lights. The pavement is painted red with the spit of people chewing tobacco wrapped in betel […]
