TPG Buys 50% Stake in Myanmar Distillery Co.

Myanmar Distillery Co. makes brands including Grand Royal Whisky and Hero Whisky, as well as rum, gin and wine coolers that are sold through approximately 1,300 retailers and 21,000 retail stores throughout Myanmar. This is TPG’s first return to the alcohol industry since it sold its 90% stake in Turkey’s raki maker Mey Icki Sanayi […]

Liquor drought before wine plan

The foreign liquor drought has continued for weeks since a late February move by some retailers to pull booze off the shelves, after promises of legalised imports did not materialise. Officials from the Myanmar Retailers Association head office in Yangon said they remain hopeful the government will pursue an explicit policy on alcohol imports that […]

Permits to import wine, spirits due by end of year, official says

Wine is at the top of the list for granting official import permits for foreign-made alcohol and the permits should be granted by the end of the year, according to a senior official at the Ministry of Commerce’s Directorate of Trade. He said official permits for importing foreign liquor would also be ready by the […]

Expat Experiences in Yangon: The Wild, Wild East

Following an exodus of foreigners following independence,in recent years Yangon’s ever expanding expatriate community has ballooned from a figure barely in the hundreds, to the tens of thousands. Their stories and experiences of a once great city trying to re-establish itself provide a remarkable insight into a nation at a unique stage in its development. […]