Apex to lend against farm permits

Myanmar Apex Bank will begin allowing farmers to access bank loans by using their work permit certificates as collateral, according to bank chair U Chit Khine. The Form-7 certificates were created with the 2012 Farm Land Law, functioning as a farmland work permit certificate for people with the right to farm a particular plot of […]

Rising rice yields seen as golden opportunity

Myanmar can more than double rice exports by improving farm productivity, cutting export costs, and opening milling sector to FDI Once the world’s top rice exporter, Myanmar has a chance to rejuvenate its glory days if its export strategy is reviewed, the World Bank said. The country’s rice exports could more than double if production […]