FDA Refuses First Shipment Of Shrimp From Myanmar For Banned Antibiotics; Refusals For Year Lowest Since 2012

Last week, the U.S. Food and Drug Administration (FDA) released information regarding import refusals for December. Last month, the FDA reports that only 1 out of the 105 (0.9%) total seafood entry line refusals were of shrimp for reasons related to banned antibiotics. The one shrimp entry line refused by the FDA for banned antibiotics in […]

Two state hotels tendered, again

Subscribe to our tender alert mailing list The Ministry of Hotel and Tourism has conducted a new tender for Thiri Myaing Hotel in Pyin Oo Lwin and Chaungtha New Beach Hotel. The tender was announced in state-run media on October 17. Two bids were received for Thiri Myaing Hotel and six for Chaungtha New Beach […]

Strict Lending Rules Limit Growth of Hire Purchase in Myanmar

Hire purchase is failing to catch on in Burma due to strict Central Bank rules limiting the length of credit agreements and demanding large amounts of paperwork from consumers, observers said this week. After private banks began to prosper in the country once again in 2010, there were signs a hire purchase market would take […]