Myanmar’s imports of quality seeds soared in the past decade as the country’s agricultural sector grew, the head of the Agriculture Ministry said. U Aung Thu, Minister of Agriculture, Livestock and Irrigation, said seed imports rose 45 times between 2009 and 2019. “Our country’s seed imports increased to US$45 million in 2019 from just over […]
Associations to Take Responsibilities for Agricultural Inputs
The Myanmar Fruit, Flower and Vegetable Producers and Exporters Associations and other regional associations will buy agricultural inputs from tender winning companies for farmers in the Bago Region, Mandalay Region, and Sagaing Region who are growing watermelon and cantaloupe. Agricultural inputs are all the items needed to grow crop such as seed, fertilizer, irrigation, pesticides. […]
Cooperatives set to receive K550 billion in funds
Funds for farmers and the agricultural sector totalling more than K550 billion are going to be provided to central cooperative associations on July 7, said Director U Myo Aung of the Ministry of Agriculture, Livestock and Irrigation. The funds will then be distributed to regional and state-level, which will then disburse the money to farmers […]
IFC, partners working toward boosting Myanmar rice industry
YANGON, MYANMAR — IFC through a partnership with Australia, the United Kingdom and Japan signed a memorandum of understanding (MoU) with the Myanmar Rice Federation (MRF) to support sustainable growth of Myanmar’s rice industry. The MoU aims to accelerate changes in the industry through development, improvement, and promotion of milled rice standards and paddy grading […]
Agricultural sector contributes to 30 pc of GDP
The socio-economic status of most farmers remains low even though the agricultural sector accounts for about 30 per cent of the GDP, President U Htin Kyaw said in his message to the ceremony to mark the Peasants’ Day which falls on March 2. Around 70 per cent of the country’s total population is living in […]
Metro Cash & Carry builds warehouse in Myanmar
Metro Cash & Carry, an international specialist in wholesale and food retail with a presence in 25 countries, recently entered Myanmar by kicking off construction of its warehouse in Thilawa special economic zone this week. Tiparayat Kaewsringarm, deputy CEO of Metro Wholesale Myanmar, the company’s Myanmar subsidiary, said in an interview that the firm would […]
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. […]