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. […]

Myanma Awba opens new agrochemical production complex in Yangon

Myanma Awba Group, Myanmar’s largest manufacturer and distributor of agricultural technology, launched Myanmar’s first private agrochemical production complex in Yangon Region on August 19. The US$35 million Hmawbi Agricultural Input Complex (HAIC) is located near Wa Nat Kyaung Village in Hmawbi Township, occupying 126 acres of land. Myanma Awba is providing up to $25 million […]

Myanmar allows up to 80% of foreign investment in agriculture sector

Foreign businesses have been allowed to invest up to 80 percent in Myanmar’s agriculture sector instead of 49 percent, according to Myanmar Investment Commission (MIC). “Previously, the agriculture sector seemed to protect local businesses. At that time, a foreigner was allowed to invest 40 percent while a national had the chance to invest 51 percent. […]

After Pakistan, China trying to build economic corridor to Myanmar

BEIJING: China and Myanmar are close to signing a deal on the establishment of a China-Myanmar Economic Corridor along the lines of the controversial China-Pakistan Economic Corridor (CPEC). Once launched, the project will unleash a massive inflow of Chinese funds to Myanmar which can further weaken Indian influence over its eastern neighbor. A senior Myanmar […]

Myanmar Global Investment Forum 2018, 11-12 September 2018, Nay Pyi Taw, Myanmar

As the Myanmar economy returns to a more robust rate of growth, domestic and foreign investors continue to evaluating investment opportunities across the industrial landscape. The Myanmar Investment Forum 2018 will offer expert insights into the industries key to the Myanmar economy. With in-depth explorations of the infrastructure, energy, oil and gas, agriculture and tourism […]

Chinese demand for Myanmar cotton could surge on trade war with US

China, the world’s largest importer of cotton, has been eyeing Myanmar-produced cotton with much greater interest in the wake of its trade war with the US, local cotton growers have told The Myanmar Times. China has imported cotton from the US for the past 10 years. Last month though, US President Donald Trump imposed $50 […]

Myanma Apex Bank gives loans to almost 700 farmers this harvesting season

A pilot project which provides loans to farmers spearheaded by Myanma Apex Bank (MAB) and Myanmar Rice Federation (MRF) has supported almost 700 farmers for this harvesting season to date, according to the MRF. U Ye Min Aung, MRF secretary, said that the MAB has provided medium-term loans to farms in agriculture, livestock and fishery […]

Warm response seen to ‘Myanmar Insight’ in Bangkok

GIVEN the rising interest in Myanmar’s economy this year, nearly 500 Thai businesspeople are expected to gather at the Myanmar Insight 2018 to be held in Bangkok next month, according to Nattawin Phongsphetrarat, vice president of Thai Business Association of Myanmar (TBAM). He said at a press conference yesterday that the event would be held […]

10 Myanmar companies take part in Bangkok trade show

Ten companies from Myanmar took part in an international food and beverage trade exhibition in Thailand, connecting Myanmar with the regional industry players. Thaifex-World of Food Asia 2018, a food and beverage trade show in Bangkok, took place from May 29 to June 2. The exhibition is annual international trade exhibition for food and beverages, […]

Dutch feed group confident about growth opportunities in Myanmar

De Heus opened its second production site in Myanmar today. The manufacturer said the new factory is about helping the group to strengthen its market position in that country and helping to professionalize agriculture in the region. The facility, located near Mandalay, the country’s second city, has an annual production capacity of 280000 MT, said […]