Industry watchers are expecting the wider presence of foreign supermarkets and retail malls in Myanmar in the coming year. “The market has been developing quickly. So, I think that within the next one or two years the wholesale and retail market landscape will expand,’’ said U Myo Htwe, Managing Director of Pro 1 Global Company, […]
Interest in retail, wholesale sector continues unabated
June 24, 2019 by
Two years after the Myanmar Investment Commission’s announcement, the Ministry of Commerce (MOC) has permitted nine wholly foreign retail and wholesale providers to operate in the country. These include investors from Japan, Thailand, US, Singapore, and the Netherlands. The nine non-Myanmar companies are able to secure a green light from the authorities since the government […]
Japanese companies, DKSH enter Myanmar wholesale market
April 9, 2019 by
Three Japanese companies and a Swiss trading house have become the first foreign entities authorised to do retail and/ or wholesale business in Myanmar. Toyota Group’s trading arm Toyota Tsusho, pharmaceutical firm Otsuka and diaper manufacturer Mycare Unicharm are authorised to operate wholesale business as a 100% foreign-owned business, according to an announcement from the […]
DKSH to drive Herballines’ sales in Myanmar
May 12, 2017 by
DKSH, the leading Market Expansion Services provider with a focus on Asia, has started a partnership with Paradise Products Company Limited, a leading personal care manufacturer from Myanmar, to drive market share of its Herballines brand in its domestic market. Yangon, April 28, 2017 – DKSH Business Unit Consumer Goods, Asia’s leading Market Expansion Services […]
Myanmar health care spending lifts logistics market
August 8, 2014 by
Consumer spending on over-the-counter health care products in Myanmar is anticipated to grow from around $140 million in 2013 to $480 million by 2020, providing a huge and growing market for distributors and logistics providers. The medical devices market in Myanmar is anticipated to grow threefold by 2020, and eight out of 10 Myanmar consumers […]
