Trade GSP Can’t Make Profit for Myanmar in Short Term

Some 5000 goods from Myanmar have been granted classification under the United States Generalised System of Preferences export scheme, however this will not see a rapid turnaround in profits, say industry figures. The United States trade representative body announced on its official website that preferential tariffs under the Generalised System of Preferences scheme were to be […]

With return of Big Tobacco to Myanmar, smoking rates on the rise

Since the return of Big Tobacco to Myanmar en masse in 2013, smoking rates have increased markedly. Tobacco control experts warn that the firms’ sophisticated strategies are likely to push more people into the clutches of addiction From the backseat of a traffic-stranded cab attempting to travel from Yangon’s airport to a city hotel, Myanmar’s burgeoning love affair with […]

China loan suspensions hurt Mandalay jade market

A recent change in policy by the Chinese government, to stop giving loans to jade merchants, has affected trade at the world-famous jade market in Mandalay frequented by Chinese jewellers and tourists. Sein Win, a jade merchant and chairman of the market’s Philanthropist Association, said the market has been quiet since the loan suspension was […]