The Ministry of Health and Sports on September 20 instructed the whole of Yangon Region, excluding Cocokyun township, to stay at home after more than 2500 COVID-19 cases were reported in the region in the past 36 days. The announcement 107/2020 signed by the health minister Dr Myint Htwe states that with the increase in […]
Amid Chinese Flu Fears, Mandalay Goes Without Masks While Dealers Make Profits
February 3, 2020 by
Mandalay – As concerns over the coronavirus rise, pharmacies and medical stores in Mandalay are facing shortages of surgical masks. Mandalay receives the highest number of Chinese arrivals by air or overland, making the city particularly vulnerable to the virus. It is also a Chinese business hub with the largest jade market in the country, […]
Black market fills the gap as drug quotas create shortage of opioids
October 30, 2019 by
Low domestic production and strict controls on the import and distribution of opioid medicines has created a shortage of pain-killing drugs, forcing some to turn to the burgeoning black market for relief. A CALM and peaceful atmosphere prevails at the U Hla Tun Hospice, a palliative care facility in Yangon’s East Dagon Township where treatment […]
Medicine importers urged to weather kyat’s woes
September 25, 2018 by
A national trade group has urged importers and exporters of medicine and medical equipment to charge fair prices and not interrupt supplies to hospitals, clinics, doctors and patients because of the US dollar’s high exchange rate. “Our association has no administrative power, so we appeal to importers and exporters of medicine and medical equipment, in […]
Myanmar designates 20 fields to promote investment
April 24, 2017 by
Myanmar’s efforts to promote investment will target 20 newly designated fields covering 192 types of businesses and services, using a law enacted in October that makes it easier for foreign companies to receive tax benefits. The industries covered include manufacturing, agriculture, urban development, communications and medicine, while fields such as mining and finance did not […]
Medicine, Cosmetics Imports to Follow ASEAN Standards
April 17, 2015 by
The Food and Drug Administration (FDA) is set to release official legal guidelines in accordance with ASEAN drug guidelines, the department announced. “In addition to cosmetics, medical machines and devices that are distributed to the market will also be brought in line with ASEAN drug standards,” said Daw Khin Saw Hla, assistant director of FDA. […]
Local, foreign firms to upgrade Yangon pharmaceutical factory
February 27, 2015 by
YANGON – To boost medicine production, Myanmar’s Ministry of Industry plans to upgrade Pharmaceutical Factory No 1 in Yangon in cooperation with local and overseas companies. At present, entrepreneurs in Myanmar and abroad can bid for contracts to build the facility and install equipment. Interested companies must send an Expression of Interest (EOI) to the […]
Pharmaceutical businesses approved for full-fledged foreign investment
December 5, 2014 by
Subscribe to our tender alert mailing list Medicine production and private hospital construction can now take place using 100 per cent foreign investment, said Aung Naing Oo, the secretary of the Myanmar Investment Commission at a press conference on Tuesday. “Joint ventures are coming. Some European countries have eyes on this business. Previously, medicine production […]
Vietnam’s biggest pharmaceutical company to invest in Myanmar
July 14, 2014 by
DHG said it would spend VND91 billion ($4.5 million) on this project to produce medicine. The construction of the plant could begin next year if the two parties reach an agreement. DHG’s Chair Pham Thi Nga confirmed the possible investment, but noted that the company was still in the survey period. “We have just conducted […]
