Country’s competition commission begins to find its footing

The Myanmar Competition Commission will focus on looking into allegations of unfair competition in the market following formal reports of complaints, says U Ko Ko Lay, the secretary of the commission. Myanmar’s Competition Law was enacted in 2015 and the Myanmar Competition Commission was formed in October 2018, to take responsibility for enforcing the law. […]

Letter: Insurance shouldn’t be excluded from competition policy

MADAM – I am writing to raise two concerns in response to your September 27 article “State insurer to be exempted from competition watchdog”. The major concern lies with the prospect of the insurance sector being exempted from the Competition Law. In this regard, I agree with your unnamed source that “If the competition law […]

Myanmar Competition Commission promises to level playing field for businesses

The Myanmar Competition Commission will work with businesspersons to remove hindrances to fair competition, said Union Minister for Commerce Dr. Than Myint, urging businesses to abide by the Competition Law. The Union Minister, in his capacity as the chairman of the commission, made the remarks during his opening address at an event about competition, held […]

Grab Partners Shwe Taung to Launch Taxi Terminals

Ride-hailing company Grab will cooperate with Shwe Taung Real Estate to provide Grab taxi terminals at the developer’s shopping centers and office blocks to further expand its presence in Yangon. For Grab, the aim is to make it easier for visitors to Shwe Taung properties, which include malls and office buildings, to book and catch […]

Myanmar Parliament to consider constitution amendment and other bills

The Parliament would discuss a number of bills and a plan to set up a commission to review and study for the amendment of the 2008 Constitution during its regular session on Tuesday (25). During the session Union Assembly (Parliament) representatives will also approve 13 bills, including farmer protection bill. The 12 other bills to […]