Unleashing Myanmar’s Agricultural Potential

Myanmar’s unusually fertile soils and abundant water source are legendary in Southeast Asia. It is even said that Myanmar has the most favorable agricultural conditions in all of Asia. Almost anything can be grown in the country, from fruits to vegetables, from rice to pulses. The agriculture sector dominates the economy, contributing 38% of GDP, […]

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 […]

Myanmar Can Double Rice Exports Through Policy Reforms: WB

Myanmar has the potential to more than double its rice exports by implementing policy reforms, a new World Bank report said. In a bid to increase rice exports, Myanmar has to diversify and increase its rice production, open its rice milling sector to direct foreign investments and reduce export procedure costs, thereby alleviating rural poverty, […]

Myanmar’s clothing industry promises growth

Myanmar’s clothing industry is expected to grow as a result of the country’s readmission to a preferential EU trading scheme, according to sources from the industry. The European Union readmitted Myanmar to its trade preference scheme on June 12 which grants developing nations preferential access to the 27-nation bloc for several products in the form […]