Friday, 22 September 2017
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Government eyes Tougher Consumer Protection Law

The government is set to amend the Consumer Protection Law 2014 to make it more comprehensive in protecting the public, a senior official said.

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Other Headlines

Gemstones Bill needs More Changes: Panel

The Gemstones Bill, which had been passed by the Amyotha Hluttaw in August, still needs more amendments as it does not reflect the true sentiments of the people, according to a member of an advisory committee.
Date: 19 September 2017; Type: Legal News; Source: Myanmar Times

Consumers urged to complain about Faulty Goods and Services

The government has urged the people to be aware of their consumer rights and file complaints against defective products and poor services.
Date: 19 September 2017; Type: Legal News; Source: Myanmar Times

Amended Food Law may take effect Next Year, FDA says

The amended food law is expected to come into effect early next year, according to officials.
Date: 18 September 2017; Type: Legal News; Source: Myanmar Times

Regulatory Roadmap needed for Banking Sector Reform

Myanmar needs to establish a regulatory roadmap for the banking sector. This will give the local banks more clarity on the progress and timing of upcoming regulations, allowing them to gear up for further reform and growth.
Date: 13 September 2017; Type: Legal News; Source: Myanmar Times

Disabled People suffer from Neglect, despite Existing Laws

Disabled persons in Myanmar suffer from government neglect and social discrimination despite the country being a signatory to the UN convention on rights of persons with disabilities, according to the findings of a study to be presented to the global body by year-end. People with disabilities in Myanmar are not given tax breaks and discounts i ...
Date: 13 September 2017; Type: Legal News; Source: Myanmar Times

Man jailed for running amok after hearing that Brother died

A man who went amok in Sanchaung township, yelling and threatening to harm people of other religion, was jailed for eight days in Insein Prison, a police officer told The Myanmar Times on Wednesday.
Date: 14 September 2017; Type: Legal News; Source: Myanmar Times

PAC wants Detailed Budget Proposals on Time

The Public Accounts Committee has submitted a proposal to the Yangon Parliament to compel the regional government to submit detailed estimate and drawing of plans and projects in time in order to reduce cost.
Date: 13 September 2017; Type: Legal News; Source: Myanmar Times

Government promises Action on Alleged Rights Violations

The government will take action against reports of human rights violations in northern Rakhine State, the Ministry of Foreign Affairs said.
Date: 13 September 2017; Type: Legal News; Source: Myanmar Times

Commercial Taxes on Mobile Handsets and Accessories to be levied Soon

Commercial taxes will be levied on mobile handsets and accessories in Mandalay Region from October onwards, said an official from the regional Internal Revenue Department (IRD).
Date: 11 September 2017; Type: Tax News; Source: Myanmar Times

Review of Citizenship Law spurs Debate

The Citizenship Law, enacted in 1982 by the Burmese Socialist Programme Party, is no ordinary law but is directly related to all national races and national security. The final report on Rakhine State by Kofi Annan’s Advisory Commission on August 24 recommended a review of the 35-year-old law because it is not in line with international ...
Date: 08 September 2017; Type: Legal News; Source: Myanmar Times

Yangon Government reviews Cinema Rental Fee

Yangon Region government is reviewing the rental fee for state owned and private cinemas, Minister Daw Naw Pan Thinzar Myo for Karen Affairs said Tuesday at Yangon Region Parliament session. MP U Kyaw Zay Ya from Dagon Township asked the parliament when the regional government started renting out cinemas and stalls in Yangon Region and what was the ...
Date: 06 September 2017; Type: Legal News; Source: Myanmar Times

Examining the Companies Act

THE draft Companies Act, which is currently discussed by Amyotha Hluttaw, will introduce significant changes in the legal definition of foreign companies, the registration process and capital structures. Notably, foreign firms no longer need to obtain a permit to trade from the authorities and foreigners will be allowed to buy shares on the Yangon ...
Date: 05 September 2017; Type: Legal News; Source: Myanmar Times

Yangon restricts Religious Activities to avoid Flare-ups of Sectarian Tensions

All townships in Yangon Region were instructed to issue an order that prohibits the conduct of religious activities that can cause tension in several areas and buildings in order to avoid religious conflict, a senior regional official said Thursday, as the country grapples with religious tensions in Rakhine State.
Date: 01 September 2017; Type: Legal News; Source: Myanmar Times

Hluttaw Speaker urges MPs to enact Laws to protect the People

If laws that cannot protect the public are enacted during the period of transformation to a democracy, then the democratic transformation will be delayed, Pyithu Hluttaw Speaker U Win Myint told Hluttaw representatives.
Date: 01 September 2017; Type: Legal News; Source: Myanmar Times

Regulatory Roadmap needed for Banking Sector Reform

Myanmar needs to establish a regulatory roadmap for the banking sector. This will give the local banks more clarity on the progress and timing of upcoming regulations, allowing them to gear up for further reform and grow ...

PAC wants Detailed Budget Proposals on Time New Rule permits Sale of Thai Baht at Local Forex Counters Shares of 55 Companies can soon be traded Locally more

Government eyes Tougher Consumer Protection Law

The government is set to amend the Consumer Protection Law 2014 to make it more comprehensive in protecting the public, a senior official said.

Gemstones Bill needs More Changes: Panel Consumers urged to complain about Faulty Goods and Services Examining the Companies Act more

Man jailed for running amok after hearing that Brother died

A man who went amok in Sanchaung township, yelling and threatening to harm people of other religion, was jailed for eight days in Insein Prison, a police officer told The Myanmar Times on Wednesday.

Hluttaw OKs Action against Terrorists, help for Displaced Villagers Russian Woman sentenced to 6 Months Jail, Hard Labour Urgent Review needed of Drug Policy more

Parliament query OMI on ‘Amendments’ Comments

The Pyidaungsu Hluttaw on Thursday demanded that the Open Myanmar Initiative (OMI) explain within seven days its comments questioning why the amendments to the Constitutional Tribunal Law was not published in the parliam ...

District Court refuses to accept Civil Suit against State to abolish ‘08 Constitution No settlement in Maha Thanti Thuka Monastery Dispute Five Groups to sue Government over 2008 Constitution more

Sit-in Protesters sued under Section 505(b)

Five laymen and eight monks, who led a sit-in protest camp in Mandalay, have been charged under Section 505 of the Penal Code for conducing public mischief, Mandalay Region authorities said.

Workers seek Minimum Wage Hike amid delay in Government Review Thai Employers force Illegal Workers to pay Brokers for IDs Govt to punish Agencies sending Workers abroad Illegally more

Intellectual Property Laws needed to attract Fresh Foreign Investment

Four laws related to protecting intellectual property (IP) are expected to be enacted soon to attract more foreign investment into Myanmar, especially from Japan, said Mr. Hiro Yamaoka, managing director of the Japan Ext ...

Revised Section 66(d) Amendment Bill sent back to Amyotha Hluttaw 66(d) necessary to prevent More Crime: Pyithu Hluttaw MP Newspaper Editor accuses Authorities of not respecting News Media Law more

Draft Condominium Bylaw to be ready in Two Months

The condominium bylaw which is currently being drafted will be enacted soon, and it will include the right for the buyers to be connected to banks and purchase with an instalment system, said U Min Htein, director genera ...

Speaker warns Ministry about issuing of Land-use Certificates Mandalay targets Rental Agreement Violations Land Rights Major Risk for EU-Myanmar IPA more

Commercial Taxes on Mobile Handsets and Accessories to be levied Soon

Commercial taxes will be levied on mobile handsets and accessories in Mandalay Region from October onwards, said an official from the regional Internal Revenue Department (IRD).

15 Days for Regional Investment Commissions to assess Applications Liquor Licenses yet to be approved for Hotels YSX-listed Firms to enjoy 5 Per Cent Tax Reduction more

Car Importation Policy to be issued by Year End

The government will issue a general car importation policy within the year to put an end to the current confusion in the industry, Commerce Minister U Than Myint told The Myanmar Times.

Mandalay set to rein in Speed Violators Buses made before ‘95 being phased out Strict Speed Limit Enforcement begins in Mandalay more

Industry Updates

Malaysia-Thailand to ink MoU on Security Cooperation

BANGKOK, Sept 20 (Bernama) - There will be closer security cooperation between Malaysia and Thailand with the establishment of a Joint Committee on Security Cooperation, according to a cabinet resolution document released by the Thai government.

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Industry Updates

High Taxes, Competition choke Cheroot-Makers

Myanmar's traditional mini cigar, the cheroot, is near extinction as manufacturers struggle with high taxes, high production costs and stiff competition from imported and local cigarettes.

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Industry Updates

ASEAN enhances Coordination to tackle Cyber Threats

SINGAPORE, Sept 18 (Bernama) - ASEAN member states have agreed on the importance of enhancing coordination to ensure that its cybersecurity efforts across various platforms in countering increasingly sophisticated cyber threats are focused, effective and in synergy with one another.

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Industry Updates

ASEAN to promote Trade with Russia and EAEU

Jakarta (ANTARA News) - ASEAN Economic Ministers agreed to expand trade with Russia and those grouped in the Eurasian Economic Union (EAEU).

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Industry Updates

Conclusion of the ASEAN-Hong Kong, China Free Trade Agreement (AHKFTA) and the ASEAN-Hong Kong, China Investment Agreement (AHKIA)

The Economic Ministers of ASEAN and Hong Kong, China (HKC) announced the conclusion of the ASEAN-HKC Free Trade Agreement (AHKFTA) and the ASEANHKC Investment Agreement (AHKIA) at the Second ASEAN Economic Ministers (AEM)-HKC Consultations held on 9 September 2017 in Pasay City, the Philippines.

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Industry Updates

ASEAN Meet explores Issues related to Tariff Commitments, Rules under ATIGA

KUALA LUMPUR, Sept 12 (Bernama) - The discussions on Association of South-East Asian Nations' (ASEAN) internal economic-related affairs, which were held in the Philippines at the 31th ASEAN Free Trade Agreement Council, explored issues related to tariff commitments and applicable rules under the ASEAN Trade in Goods Agreement (ATIGA).

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Industry Updates

ASEAN-Korea Free Trade Area increases Bilateral Trade by 92.3 per cent

KUALA LUMPUR, Sept 10 (Bernama) - Bilateral trade between ASEAN and South Korea has increased by 92.3 per cent to US$118.84 billion in 2016 from US$61.81 billion in 2006 since the ASEAN-KOREA Free Trade Area (AKFTA) took effect in 2007.

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Industry Updates

ASEAN MSMEs need More Financial, Technical Support: Study

MANILA - While the Association of Southeast Asian Nations (ASEAN) has available programs and pushing for policies that will boost micro, small, and medium enterprises (MSMEs), the region needs to introduce more financial and technical support to MSMEs, an ASEAN study said.

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Industry Updates

ASEAN urged to widen Development through Inclusive Business

MANILA - The 10-member states of the Association of Southeast Asian Nations (ASEAN) are enjoined to promote inclusive business model in the region in order to achieve greater impact of development and reach the bottom of the pyramid.

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Industry Updates

MIC issues 13 New Business Permits in August, including One for Beer

The Myanmar Investment Commission (MIC) has approved the issuance of 13 permits, including one for a beer joint venture in Mandalay.

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Industry Updates

Court Action on Journalists, Activists delayed 2 Weeks

The court procedures related to the recently released journalists and activists will be completed on September 15, according to Hsipaw township court.

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Students

Union Government urged to recognize Student Unions

The government should recognise student unions at the union level to ensure their survival, urged U Thant Zin, a student of the 88-89 Generation and former chairman of the All Burma Federation of Student Unions of Upper Myanmar.

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