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
Foreign alcohol

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

Starbucks postpones Myanmar entry

Starbucks’s long-anticipated entry into the Myanmar market has been postponed once again. The coffee giant announced that it has extended its investment preparation period as it reconsiders opening its first cafes in the country. Starbucks has