Chief Minister calls for systematic maintenance of Smart Island in Myeik archipelago

The smart island of this kind in the Myeik archipelago is unique and rare in the world so conservation is necessary, said Taninthayi Region Chief Minister Myint Maung. The smart island also called Parpant island located in Kyunsu Township, Myeik District, has two different beaches—one full of white sand and the other full of colourful […]

Mango growers expect good yield, high market potential in China in coming season

Myanmar’s mango is expected to reach 80 per cent market share in China, along with high yield during the upcoming mango season, said U Kyaw Soe Naing, secretary of Myanmar Mango Market and Technology Development Association. The blooming season has started. The growers are providing trees with nutrients, irrigation and insecticide. As the COVID-19 vaccine […]

Short trips near Yangon gains popularity

Tourism companies are now offering more one-day trips near Yangon, in line with their increasing popularity. “These trips are trending in Yangon. In the past, biking and hiking trips were only sold in rural areas. Now there are more (packages for short trips) and all the places are booked,” said IJM Travel &Your’s founder Daw […]

Marine tourism to be launched in Myeik archipelagos

Myanmar’s first island based tourism will be launched in Donnyaunghami Village in the Myeik archipelagos of Thaninthayi Region in the first week of 2021. A community based tourism is also being implemented in the village in Donpaleaw Village-tract, Kyunsu Township, Myeik District. Marine tourism to be launched in Donnyaunghami Village also includes night tours. After […]

Tourism industry invests in tech amid COVID-19

The hospitality and tourism industry is investing more in technology during the COVID-19 pandemic, said U Than Htut, vice chair of Myanmar Hoteliers Association. “We face challenges in technology in COVID-19 crisis. We have to make more investment and changes in technology,” he said. Local conglomerate Eden Group says more investments in technology is necessary […]

Myanmar’s Economic Outlook and How Private Equity and Venture Capital Can Make A Difference

As Myanmar concludes voting for its general election, Ascent Capital Partners Pte Ltd (Ascent Capital) takes a look at the road ahead for the country’s economy and how investors will support its continued development and growth. As a long-term private equity investor in Myanmar, Ascent Capital strongly believes in the long-term potential of the country. […]

Raw sesame, peanut import proposal causes price shakeup in domestic market

The news of a company’s import proposal for raw sesame and peanut makes changes in pricing in the local market, said U Htay Chun, Vice Chairman of Mandalay Depot. “The Ministry of Commerce reported that a certain company had sought import permit for raw sesame and peanut to be produced on a CMP basis and […]

Myanmar coffee market to expand through Singapore

Myanmar will expand its local highland coffee exports through Singapore in a bid to reach new markets, according to the Myanmar Coffee Association. “During the COVID-19 outbreak, local demand for coffee declined and some traders are trying to expand the market by selling overseas. We are connecting with new markets in the region through Singapore,” […]

Local demand for coffee hit, but exports still stable in Myanmar

Demand for coffee produced in Myanmar has declined in fiscal 2019-20 due to COVID-19 disruptions, said U Myint Swe, director from the Ministry o Agriculture, Livestock and Irrigation. “Even though stockpiles this year were sufficient, demand has fallen due to difficulties in logistics and shipping as well as the closure of businesses locally as a […]

Insurance association to introduce CII qualifications

The Myanmar Insurance Association (MIA) is set to introduce qualification programmes of the UK’s Chartered Insurance Institute (CII) to Myanmar. The two industry bodies inked a deal late last year for MIA to hold exams for CII qualifications from April onwards. CII exams are held twice every year in April and October. Candidates in Myanmar […]