Industry association members warn cheap frozen chicken from abroad could undercut the the sector just as producers are beginning to experience accelerated growth
A recent opinion article in The Myanmar Times ("Caution urged over a sovereign wealth fund", Oliver Gilbert, MTE 740, page 32) concluded as follows: "Myanmar currently lacks the basic inputs, needs or governance to responsibly manage a SWF.” Regrettably, the article implies that any thoughts of creating a SWF in Myanmar should be dismissed. In my view, however, there is much to gain from an active public debate now on the pros and cons of this policy option.
Frequent changes to the list of values used to assess automobile import taxes should come to an end, said U Soe Htun, chair of the Myanmar Automobile Manufacturers and Distributors Association.
Liquor businesspeople may be reaching for the bottle for consolation after Yangon Region’s decision to raise the annual licence fees that shops and manufacturers must pay to operate.