Myanmar looks to FDI boost

LEADING businessmen in Myanmar’s manufacturing industry expect a surge in foreign investment as the country welcomes a newly elected government, saying it would be warmly welcomed as it would help strengthen local competitiveness. In an interview with The Nation, Zaw Min Win, chairman of Myanmar Industries Association, said he foresees influx of foreign investment in […]

New export strategy puts spotlight on rice, EU market

Myanmar is aiming to revive its status as a major rice exporter with a new national export strategy that puts the grain at the top of the list and targets the European Union as a prime market. The five-year strategy was unveiled on September 3 at a gathering of business leaders at the Yangon office […]

Sliding scale: Fish exports slip away

Fish industry exports are likely to fall further this year as both over-fishing and under-investment continues to bite, officials from the Myanmar Fishery Federation (MFF) warned. Although the easing of sanctions opened up EU and US markets to exports, the industry cannot make the necessary investments in fish processing and refrigeration that it needs if […]