Commerce ministry losing patience with car centre closures

Defunct Yangon car sales centres are causing headaches for the Ministry of Commerce. Businesses are failing to formally report closures, leaving the ministry with an out-of-date registry on which two-thirds of listed sales centres no longer exist. ‘’Among some 190 Yangon sale centers 66 have closed but are still included on the Ministry of Commerce’s […]

Exports face huge hurdles

The problems of a beans and pulses export company last month lay bare the challenges potential exporters must overcome to gain significant international market share. Merchants in Yangon’s Bayinnaung bean market were accused of selling large amounts of beans and pulses to Indian buyers without actually having the product. When bean prices unexpectedly shot up, […]

Myanmar’s rice revival uncertain

Scant stocks, weak demand dent Myanmar’s hopes of rice revival. Shrinking global demand, poor infrastructure and hesitant investors could leave Myanmar far short of its rice export target this year, dealing a blow to its ambitions of competing with the world’s top shippers of the grain. Industry experts and government officials say the 3 million-tonne […]

Thai private sector should invest in rice business in Myanmar

Thailand’s Kasikorn Research Center (KRC) said the Thai private sector should invest in rice businesses in Myanmar after the country has sped up intensive rice production both in terms of quantity and quality. Myanmar has conducted research and development on rice breeds, agricultural technology and irrigation systems, prompting the country to have continued growth of […]

Can Myanmar fisheries compete with Thailand and Vietnam?

Fishery factories in Myanmar will have to compete with experienced competitors in Thailand and Vietnam if they aim to conduct successful CMP (cutting, manufacturing, packaging) operations, say industry experts. Domestic fisheries firms will also be obliged to improve the state of their factories and machinery, and their technological and transportation systems if they are to […]