Bangladesh to buy Myanmar rice, putting aside Rohingya crisis

DHAKA (Reuters) – Bangladesh will buy 100,000 tonnes of rice from Myanmar, putting aside a rift over the Rohingya refugee crisis as the government races to overcome a shortage of the staple food for the country’s more than 160 million people. High rice prices pose a problem for the Dhaka government, which is ramping up […]

Bangladesh negotiates with Myanmar to buy 100,000 tonnes of rice

Bangladesh has reopened negotiations with Myanmar to purchase 100,000 tonnes of rice, said U Ye Min Aung, chair of the Myanmar Rice Federation (MRF). Bangladesh signed a Memorandum of Understanding with Myanmar for its self-sufficiency of foodstuffs and cooperation in the rice sector in 2017. Myanmar exported 100,000 tonnes of rice to Bangladesh in the […]

Myanmar to export rice to Bangladesh

Bangladesh is planning to purchase 100,000 tonnes of Myanmar rice under a government-to-government agreement. “We will negotiate the price in the coming days. The rice will be exported via a maritime route if an agreement is reached between the two sides,” said U Aung Myint, secretary of Rice and Paddy Traders Association. “As Bangladesh is […]

Bangladesh wins and loses in China-India rivalry

Bangladesh is in the middle of rising Indian and Chinese competition for South Asian influence, a position that could benefit or imperil the Muslim majority developing nation of over 161 million people. On one hand, Bangladesh enjoys robust strategic ties with India, witnessed in just- completed joint naval exercises with India where the two sides […]

Carp export to Bangladesh increases

Freshwater carps export to Bangladesh through Maungdaw border trade center is increased during January and it is became the second largest export product at Maungdaw border trade center, according to figures from Office of the Director of Maungdaw border trade. Myanmar is continued to export carps via Maungdaw border trade center. It exported 180 tons […]

Historian Gives Inside View of Myanmar’s Bumpy Journey

As Myanmar embarked on an uncertain transition toward democracy after the flawed elections of 2010 there were relatively few people in the country who could offer advice on the process of change. One of them was Thant Myint-U, a former United Nations official with experience in the war-torn Balkans and Cambodia, and a grandson of […]

Drilling of new wells in Shwe gas field project to start early 2020

The overall Shwe natural gas project includes the A-1 and A-3 blocks. The A-block contains Shwe and Shwe Phyu fields and A-3 contains the Mya field. The eight development wells will be dug first at the Shwe and Shwe Phyu fields in block A-1and the work is expected to take eight months. Once the wells […]

Kevin Fitzsimmons: Myanmar’s aquaculture potential on par with Thailand

The Government of Myanmar has targeted Aquaculture as a solution to widespread malnutrition and rural poverty in the Southeast Asian nation. With its 2,000 kilometers of coastline, Myanmar has the potential to reach the production levels of its neighbor, Thailand, as a seafood Producer, according to Kevin Fitzsimmons, a professor in the Department of Soil, […]

TCP Targets Myanmar with Plant

TOA-Chugoku Paints (TCP) has earmarked 500 million baht to construct its first overseas paint factory in Myanmar, expecting to capture demand from megaprojects. The new factory will produce two paint products — heavy-duty coating and marine paint — with a monthly capacity of 300 tonnes. The project will be located in Thilawa Special Economic Zone […]

New Yangon City Chief Grilled Over Chinese Contractor’s Reputation

The CEO of the company developing the controversial New City project on the west bank of the Yangon River has defended the involvement of a Chinese firm with an international reputation for engaging in bribery and corruption. The Yangon government-backed New Yangon Development Company (NYDC) last year signed a US$1.5-billion (about 2.3 trillion kyats) framework […]