MAPCO’s power plant and rice mills open in Ayeyawady

Mapco Golden Lace’s project in Ayeyawady. A 2.2-megawatt power plant and two rice mills opened in Kyaiklatt Township, Ayeyawady Region, on May 15. The Myanmar Agribusiness Public Corporation (Mapco) and six shareholders under the Golden Lace Company jointly operate the firms with a 55:45 ownership ratio. The Mapco Golden Lace has gained licences from the […]

Solar energy to power Maubin industrial park

Solar energy will be distributed at the recently opened Maubin Industrial Park, according to Ayeyawady Region government. The electricity infrastructure plays a vital importance for the development of industrial zone. The State still cannot supply sufficient electric power for the park. And so, the companies concerned are preparing to supply solar energy, said U Win […]

Contract farming to begin in Ayeyawady, Bago, Yangon and Mandalay

Contract farming will begin on 60,000 acres in Ayeywady Region, and 30,000 acres each in Bago, Yangon and Mandalay totaling about 150,000 acres during the upcoming rainy season, said Ye Min Aung, general secretary of the Myanmar Rice Federation (MRF). Rice millers, rice merchants and rice companies can put forward contract farming planS to the […]

MIC divides country into three categories

The Myanmar Investment Commission has established three development categories, offering different income tax exemptions depending on the level of development. Under the Myanmar Investment Law, the least developed zones include 14 townships in Kachin State, seven each in Kayah and Kayin, nine in Chin, 35 in Sagaing Region, four in Tanintharyi, five in Bago, 13 […]

US to lend expertise in shrimp breeding techniques to local producers

Myanmar will collaborate with the U.S. to boost white shrimp production, aiming to penetrate the global market, Dr Sein Maung from the Myanmar Shrimp Association. The U.S. will share not only breeding techniques but systems covering biosecurity, pond management and hygiene as well as conservation of the natural environment, said Dr Jim Wybam, chairman of […]

14,000 Tonnes of Wood Set for Tender

​​ ​​ Myanmar Timber Enterprise plans to call an open tender for about 14,280 tonnes of wood and timber, the tender committee said yesterday. The committee said timber and wood from Yangon, Sagaing, Mandalay, Ayeyawady, Bago, Tanintharyi regions and Shan, Kachin, and Rakhine states will be sold. The auction will be held from March 7 […]

Eel cultivation experiment to sell larvae in February

The traditional catching of eels in Myanmar has resulted in a decline in the eel population, so eel hatcheries will be experimenting to locally produce the larvae of eels in Feb 2017, according to eel cultivators. The eel market will flourish if eels can be locally cultivated, making for a profitable venture considering the high […]

Construction of high-quality rice mills completed

In a bid to produce quality rice, high-quality rice mills were constructed in Kyaiklat, Ayeyawady Region and are now complete, said an official from Myanmar Agribusiness Public Corporation (MAPCO). The country’s top rice milling businesses will now be all in the same place, with this project’s Phase-1 slated to open in March. These mills are […]

Export price of rice to China on the decline unlike stable domestic rice price

The price of rice exported to China through the Muse trade channel has been on the decline, unlike the domestic rice price, which remains stable  said U Kyaw Min, the secretary of Mandalay Rice Depot. Rice is exported to China mostly through the Muse and Lweje border trade camps, but the rice trade is declining […]

Ayeyawady, Chindwin, Ngawun rivers have exceeded danger levels

WHILE exceeding danger levels around several towns the Ayeyawady and Chindwin rivers have threatened to flood people living in low-lying areas. The Department of Meteorology and Hydrology has alerted people living in lowing lying-areas in Mandalay, Sagaing and Ayeyawady regions to take precautions against possible flooding. According to observations yesterday the water level of the […]