In the National League for Democracy (NLD) government’s first fiscal year in power local investors made investments amounting to K1.57 trillion while foreigners made investments worth a total of US$7.44 billion in Myanmar, Deputy Minister of Planning and Finance U Set Aung said at the Pyidaungsu Hluttaw on August 31. DURING the 2016-17 fiscal year, […]
Toddy Climbing Business Faces Fall
June 20, 2017 by
It takes a great deal of bravery to climb up one of the 50 metre toddy palm trees outside Mandalay. Aung Zaw, a “tapper” or “climber”, has done it for 15 years. Strong winds, shaky ladders, slippery rugs, almost nothing scares him. Today, however, he fears for his job as the toddy industry is in […]
Taiwan’s ‘Little Burma’
March 22, 2017 by
A short five-minute walk from the Taipei metro terminal station of Nanshijiao lies Huaxin Street. It is here, nestled away in the concrete jungle that makes up Zhonghe District — one of the most densely populated parts of the planet — that Taiwan’s Burmese population has settled over the past several decades. The roughly 40,000 […]
Myanmar Has Earned Over $370m From Rice Exports So Far This Fiscal Year – Ministry
February 13, 2017 by
Myanmar exported over 1.2 million tons of rice in the first 10 months of the current fiscal year, earning $376 million, according to the figures of Ministry of Commerce. As of January, 68 percent of rice exports, or 800,000 tons, were sold through border trade, while over 400,000 tons were sold through other channels, […]
Tapping Into Myanmar’s New Taste for Foreign Food
November 11, 2016 by
As their nation emerges from decades of isolation, the people of Myanmar are developing appetites for new and foreign things, especially food and drink. Imports of foods and beverages have skyrocketed since 2011, driven by rising incomes, urbanisation and the influence of foreign media. Imported condiments, such as MSG, instant cooking paste, seasoning powders and […]
Myanmar’s forests face myriad problems as logging ban continues
October 1, 2016 by
YANGON – Myanmar’s forests are rich. They are rich in variety, in natural resources, and in wildlife. But they are also rich in danger. “Myanmar’s forests are more in crisis than ever before,” said Faith Doherty, lead forest campaigner at the UK-based Environmental Investigation Agency. “If you just look at what’s happened in the last […]
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