Commercial Plastics lands major investment
Plastic bottle recycler Commercial Plastics Company (CPC) will receive a USD 12.6 million investment from private equity firm Delta Capital Myanmar and Daiwa PI Parters. According to a joint announcement, the deal will be the maiden investment of Dai
Government offers amnesty for smuggled liquor
Months after the government allowed the import of foreign liquor, it has announced a de facto amnesty for stockpiles of liquor already imported. The Internal Revenue Department is allowing retailers to legitimize their liquor stores by paying a tax o
New liquor import law brewing
Foreign liquor may soon be legally imported. A draft of a law that will allow for the legitimate import of hard liquor has been written and submitted before the attorney general for approval, according to the Myanmar Times. Importing popular foreign
