TRAFIGURA’S Puma Energy, which is the main supplier of aviation fuel in Myanmar, has signed an agreement to sell its stake in Myanmar to a local private company, according to the official statement on 5 October. Following a board decision to exit Myanmar earlier this year, Trafigura’s Puma Energy has signed an agreement to sell […]
Puma Energy threatens legal action on trademark infringement
March 22, 2019 by
Singapore oil company Puma Energy is officially prohibiting the use of its trademark, name and logo in Myanmar after a local petrol station began branding itself as Puma Power and displaying a logo that is almost identical to the former’s in the local market. The notice was published by Puma Energy’s lawyer on the company’s […]
Myanmar pulses unaffected by India’s import restriction: industry
September 7, 2018 by
India’s Department of Commerce, under the Ministry of Commerce and Industry, has released a trade policy statement, on August 30, stating that as per the foreign trade policy, import of peas classified under Exim Code including yellow peas, green peas, dun peas and Kaspa peas is “restricted” until the end of September. However, this will […]
Fuel Storage Terminal with US$92m FDI to Start Operation at Thilawa Port
May 16, 2017 by
The first and largest fuel storage terminal in Myanmar, which has involved US$92 million of investment, opened during the first week of May, said officials from Puma Energy Asia Sun (PEAS). The storage terminal will begin operation at Thilawa port in Yangon, and is a joint-venture between Puma Energy and Asia Sun Energy. Puma Energy, […]
Priority items chosen for National Export Strategy
March 26, 2014 by
In developing the country’s trade sector through an export-led growth model, six products and one service have been chosen as priorities for Myanmar’s National Export Strategy, according to the national consultant responsible for the strategy. “The priority export items have been chosen based on two criteria. One is its potential given the current trading situation, […]
Rice export drops in 8 months
October 25, 2013 by
Myanmar’s rice export earning dropped by 100 million U.S. dollars in the first eight months ( April-November) of fiscal year 2013-14 from 276.172 million dollars a year earlier, local media reported Wednesday. During the April-November period, Myanmar exported about 451, 728 tons of rice, down from 731,201 tons on a yearly basis, said the Yangon […]
