E-commerce sector under govt scrutiny for tax purposes

Government departments are rushing to manage and regulate e-commerce for tax purposes, according to the Ministry of Commerce (MOC) and Internal Revenue Department (IRD). Currently, e-commerce businesses mostly use Facebook to promote or trade products. Meanwhile, other online platforms created specifically for online shopping are growing quickly in the local market, according to the Myanmar […]

Retailers flag need to regulate e-commerce industry

The Myanmar Retailers Association last week submitted a request to regulate the e-commerce industry to Vice President U Myint Swe and the government’s Private Sector Development Committee during a meeting between the latter and local businesses. Retailers say that while a rising number of consumers are now purchasing goods from individuals and businesses online, many […]