Handicrafts Prospects Good, but Low Price, Illegal Exports Hurt

Myanmar has a long tradition of producing handicrafts ranging from wood carving to lacquerware to sword making, but this has been slow to turn into an organised industry even as the market for these items has risen. Myanmar’s handicraft market for both local and foreign buyers has grown in the last couple of years, and […]

Yangon’s new economic hub project set to go ahead

Plans to build a new economic hub in Yangon are underway with or without of assistance from Japan, according to the Yangon City Development Committee (YCDC). The Mindhamma Project is planned to become Yangon’s second economic city to relieve traffic and congestion from an overcrowded downtown. “Japan has previously told us to carry out the […]