Support is better than protection, government’s new economic policy

“Our government will not give favour to anyone and there will be no discrimination. We will give all Myanmar nationals equal opportunity.” Union Minister of Planning and Finance Kyaw Win said at a meeting held at Union of Myanmar Federation of Chamber of Commerce and Industry (UMFCCI) on 13 June, the meeting was held for […]

Myanmar’s rice exports, production up in 2014: FAO

Despite a global drop in rice production in 2014, Myanmar increased cultivation and profits from export, according to the Food and Agriculture Organization of the United Nations (FAO). In its December World Rice Watch Report, FAO reported that rice production in Myanmar had been estimated at 28.9 million tons for 2014 by the government, an […]

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 […]

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 […]

DuPont sets sights on Myanmar agriculture

DuPont, the Delaware-based chemical company, will start providing agricultural assistance to Myanmar in the fourth quarter after it opens its first office in the country. Rajeev Vaidya, DuPont’s president for Asean and South Asia, said once the office is set up, products can be distributed to farmers right away such as crop protection chemicals and […]