Myanmar, a nation in south-east Asia, has banned multilevel advertising and marketing utterly.
On September 18th the Ministry of Commerce issued notification 46/2018, which prohibits operation and promotion of MLM corporations in Myanmar.
Any MLM corporations discovered working in Myanmar after September 18th threat additional motion. People operating or selling MLM corporations threat a six month to three-year jail sentence and a high quality of as much as K500,000 ($315 USD).
Chatting with native media, Zayar Swe, Deputy Director of the Shopper Affairs Division, said;
The division has acquired many complaints concerning the MLM. We might do nothing as we acquired no order to take care of these complaints.
Now the Shopper Affairs Division has been tasked with doing it.
The division will take authorized motion towards MLM when it receives complaints.
Personally I’m not conscious of any MLM corporations with sturdy affiliate-bases in Myanmar.
Neighboring Thailand, Cambodia and Malaysia nonetheless are hotbeds for MLM cryptocurrency fraud, so maybe that spurred the MoC into motion.
MLM corporations are unlikely to have precise enterprise operations in Myanmar, leaving authorities solely in a position to go after native promoters.
It appears the Ministry of Commerce has determined it’s simpler to only ban your complete MLM trade.