Rice exports fall short of 2.5 mln tonnes against target

Rice exports are falling short of 2.5 million tonnes against the set target of 3 million tonnes for this fiscal year. “Myanmar exported just over 410,000 tonnes of rice during the last eight months. It is half of the figure of the same period last year,” said Dr Soe Tun, secretary general of Myanmar Rice […]

About 170 MW of electricity needed to supply power to industrial zone

Myanmar will need about 170 megawatts of electricity to provide power to industrial zones in the coming summer season, said Minister for Electric Power Khin Maung Soe. The minister added that more than US$ 160 million (Ks 155.83 billion) is required to supply power for projects in industrial zones. In the summer season this year, […]

Small-Scale Gold Miners Publicly Called Out for Govt Debt

Yangon — A public notice accusing dozens of mining companies of failing to pay a required portion of the gold they produce to government coffers has shed light on what critics say is a burdensome requirement that is taxing Burma’s gold miners out of business. The Ministry of Mines published the notice in state-run newspapers […]