For the owner of a business of any size, integrity is key. This is the principle that has brought U Aik Htun, one of the richest businessmen in Myanmar, through ups and downs. “The biggest secret of success is honesty and integrity,” said U Aik Htun, chair of conglomerate Shwe Taung Group, speaking in fluent […]
Myanmar draws up agricultural development master plan for Yangon region
Myanmar has drawn up a three-year master plan (2018-2021) for development of agriculture in Yangon region and the plan will soon be implemented, Myanmar News Agency reported Wednesday. It was disclosed by Yangon Region Chief Minister U Phyo Min Thein at a Flower Festival held at the People’s Park Tuesday. Stressing the need for developing […]
GAP system encouraged for export in Myanmar
The department of agriculture is implementing growing of vegetables and culinary crops such as rice, beans, pulses and corn using a Good Agricultural Practices (GAP) system in some States and Regions which could help Myanmar’s agricultural industry better access export markets. Coffee grown with the GAP system enters international market successfully. In order to export […]
Myanmar tackles food safety in bid to boost agricultural exports
MYANMAR plans to improve food safety in a bid to boost agricultural exports and extract more value from a sector that accounts for 38 per cent of the country’s gross domestic product. Ye Tint Tun, director general of the Department of Agriculture, said exports of agricultural products made up 23 per cent of Myanmar’s export […]
Draft bill against real estate monopolies sent to Attorney General
A draft bill to prevent real estate monopolies and increase government tax revenue is being submitted to the Attorney General’s office, according to Deputy Planning and Finance Minister U Maung Maung Win. The draft law aiming at supervising property taxation has been submitted to the union attorney general for the Union government to then submit […]
Moscow steps up business with Nay Pyi Taw
At a Russia-Myanmar Intergovernmental Commission on Trade and Economic Cooperation (RMIC) meeting in Moscow last month, Russian commission chair Minister Maksim Oreshkin and Minister for the Ministry of Planning and Finance, U Kyaw Win, signed an agreement to set up a Russia trade representative office in Yangon. The trade representative office should be launched by […]
Thai SMEs encouraged to invest in Mandalay
Thailand’s small and medium-sized enterprises (SMEs) are being urged to invest in Myanmar, especially in Mandalay, a region with abundant natural resources, strong agricultural production and growing demand for Thai goods. Speaking at a seminar in Mandalay sponsored by Bangkok Post Plc and Asset Pro Management Co, Nuttaphong Visitkitchakarn, who sits on the executive committee […]
Ministry Launches Mobile App For Crop & Consumer Safety
The Plant Protection Division under Ministry of Agriculture, Livestock and Irrigation has recently introduced a mobile application to promote the effective and safe usage of pesticides on agricultural products. The application, “Plant Protection Mobile Application” (PP-Verion-1.0), is available on android phones will be upgraded as frequently as the app requires. Since launching just two months […]
The Bumpy Relationship Between India and Myanmar
The relationship between Naypyidaw and Delhi is not smooth sailing, despite the recent visit of Myanmar military officers to India. Naypyidaw’s announcement about not setting up a trading zone at the Indian border, due to a lack of basic infrastructure and low trading volume, ends the series of negotiations between India and Myanmar for border […]
Crop insurance, land reform and investment are essential to Myanmar’s agricultural sector
Q: What is the state of the rice industry in Myanmar? A: The government relaxed its control of the rice industry in 2003. Since FY2012-2013, rice export volume has exceeded one million tons per year. Q: Rice from Myanmar does not meet international standards and fails to sell for good prices in the international market. […]