Myanmar keyword: Ministry of Commerce
The Ministry of Commerce (“MOC”) has now classified e-commerce, defined as the practice of selling goods or services through an online consumer platform on the internet, as an essential service under Section 4(c) of the Essential Supplies and Services Law via Notification No. 50/2023 dated 21 July 2023. Coupled with this, the MOC issued an […]
The Department of Trade under the Ministry of Commerce (“MOC”) announced via Bulletin 11/2023 dated 28 June 2023 (“Bulletin 11”) and subsequent Bulletin 13/2023 dated 6 July 2023 (“Bulletin 13”) that starting from 1 July 2023, exporters exporting pulses, corn, sesame, and peanuts no longer have to make advance payments on their export earnings. Previously, […]
On 23 May 2023, the Trade Department of the Ministry of Commerce (“MOC”) issued a new importer and exporter registration (“IMPEX”) order via Notification 35/2023, replacing the Registration (Imports and Exports) Order 42/1954 issued under the Control of Imports and Exports (Temporary) Act 1947 and the Export and Import Bulletin No. 6/2018 issued by the […]
The use of a Multi-level Marketing (“MLM”) business model has been banned since 2018 by way of Notification 46/2018, dated 18 September 2018, issued by the Ministry of Commerce as a result of an audit of several MLM companies by the authorities. Due to the absence of specific laws and regulations on MLM, the restrictive […]
Draft Competition Rules 2017 The Ministry of Commerce published the Draft Competition Rules 2017 on 29 December 2017. These are intended to implement the Competition Law 2015, which takes effect from February 2017. The Draft Competition Rules 2017 include articles on the formation and responsibilities of the Myanmar Competition Commission and the investigation committee, as […]