A clampdown on unlicensed liquor shops and a ban on new licences have created a robust secondary market for liquor licence permits and done comparativly little to prevent problem drinking, according to businesspeople.
Up to 10 companies ought to meet the requirements to be listed on the Yangon Stock Exchange (YSX) when it opens in October – though these requirements have still not been released, according to deputy finance minister U Maung Maung Thein.
There is nearly always a line-up of cars waiting at the Max Energy petrol station on Thein Phyu Road. Often the queue stretches a few hundred metres south along the street, as drivers patiently wait for a chance to fill up.
While some multilevel marketing companies offer legitimate ways for people to get involved in business, others stray dangerously close to pyramid schemes – and in Myanmar it’s usually buyer beware.