During an event organised early February by the UNCTAD (United Nations Conference on Trade And Development), it was revealed that Myanmar’s illicit trade value is about USD 6.4 billion every year. This staggering figure only reflects trade on o
Myanmar’s illicit trade stands at USD 6.4 billion. During the first-ever Illicit Trade Forum held on February 3rd and 4th in Geneva, U Than Myint, the country’s minister of commerce, said that this figure is still “just the tip of the i
Even the United Nations says Myanmar is dismal for online shopping. The country ranked 126th in the The United Nations Conference on Trade and Development’s (UNCTAD) “Business-to-Consumer (B2C) E-commerce Index.” measuring an economy’s pr
The United Nations Conference on Trade and Development (UNCTAD) released last week its 2019 edition of the “Business-to-Consumer (B2C) E-commerce Index” in which Myanmar classifies at the 126th place out of 152 assessed countries. The UNC