Chinese Firm Joins Local Rice Miller to Bolster Industry

RANGOON — A Burmese rice milling company and the Chinese firm CAMC Engineering Co. Ltd. have signed a joint venture Memorandum of Understanding to improve the quality and capacity of rice milling operations in Burma, according to Thaung Win, the secretary of the Myanmar Rice Millers Association. Members of the Myanmar Rice Millers Association formed […]

World Bank bullish on growth picture in Myanmar

MYANMAR has achieved a high economic growth rate of 6.5 per cent this year and the momentum is expected to continue building in the next few years, according to the Word Bank. “In our view the Myanmar economy is doing very well. Myanmar has strong economic growth prospects. It has grown by 6.5 per cent […]