1 mins read · Fri September 6, 2024
The Central Bank of Myanmar issued a letter on 2 September advising that foreign currency to import fuel oil and palm oil can be sourced from up to 75% of foreign currency earned through trading, CMP business operations, and sales of minerals and natural resources (adjustments to be made for certain exempted businesses).
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2 mins read · Tue August 13, 2024
On 9 August 2024, the Directorate of Trade under the Ministry of Commerce (MOC) issued Announcement 11/2024, relating to businesses involved in online sales in Myanmar. This announcement supplements earlier regulations requiring registration of such businesses.
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1 mins read · Thu April 7, 2022
The Ministry of Commerce (MOC) announced in its latest newsletter no. 6/2022 that it will be cracking down on imports arriving without the necessary licences in place.
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1 mins read · Mon June 7, 2021
Hot off the heals on the ban on importing certain food products across land borders, the Directorate of Trade (Myawaddy Trading Zone), under the Ministry of Commerce (MOC) has as of 4 June 2021 further prohibited the import over land borders of:
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1 mins read · Wed June 2, 2021
The Ministry of Commerce (MOC) has announced the end of concessional fees for obtaining import licences.
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1 mins read · Fri April 30, 2021
The Ministry of Commerce made an announcement on 12 April 2021 that certain food products will be prohibited from being imported via through border trade as of 1 May 2021. The reason given is that better infrastructure needs to be put in place to be able to safely import and inspect food products, after which […]
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2 mins read · Wed March 10, 2021
The Ministry of Commerce (MOC) has just issued notification 24/2021 on 8 March 2021, their latest import regulations for the import of vehicles by car showrooms. This is an annual occurrence with the MOC updating the import requirements every year.
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2 mins read · Tue March 9, 2021
The regulation for importing heavy vehicle and machines has been updated by the Ministry of Commerce (MOC) on 8 March 2021 pursuant to notification no. 25/2021.
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1 mins read · Thu March 4, 2021
The Ministry of Commerce (MOC) has issued Notification No.8/2021 on 20 Jan 2021 (Notification) specifying the conditions for the import of reconditioned machines. The Notification applies to the import by small and medium sized businesses, it does not clarify what this would mean for other businesses. Key conditions of the import being approved are that […]
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