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Rakhine ups efforts to draw investments, hopes for development

Rakhine State will target investments in tourism, fisheries and agriculture at an investment fair that will be held in February in Ngapali, southern Rakhine, Rakhine State Chief Minister U Nyi Pu told the media in Yangon yesterday. With the aim of drawing funds that will be channelled towards the development of the state, the three-day […]

UEHRD says Rakhine harvest will be returned to owners

THE harvest in northern Rakhine will be returned to their owners, according to the committee which is headed by State Counsellor Daw Aung San Suu Kyi to help bring peace and development to the region. The Union Enterprise for Humanitarian Assistance, Resettlement and Development in Rakhine (UEHRD) released a statement yesterday saying that the paddy […]

MoU signed to build Kanyin Chaung economic zone

The Maungdaw government and NAAF Galaxy, which comprises six companies including three local companies, will sign a memorandum of understanding (MoU) on October 30, said Aung Myint Thein, chairman of the Maungdaw border traders association and secretary of the Kanyin Chaung trade zone implementing committee. “We are developing Kanyin Chaung economic zone project. We developed […]

Majority of Myanmar safe to visit: tourism specialists

Travellers are being urged not to give up on Myanmar amid ongoing violent clashes in northern Rakhine State, even as travel advisories are being issued and some cancellations are already being recorded. The anxious trade is sending out a ‘Myanmar is safe’ message. The mounting conflict has led to several travel warnings against visiting Rakhine […]

Fish farming in Maungtaw District to be expanded

About 200,000 of fingerlings have been distributed to farmers in Buthidaung and Maungtaw township in the 2016-2017 fiscal year as it expands two aquaculture farms in two townships, according to the Maungtaw District Fisheries Department. When the first hatchery in Buthidaung was opened in 2013- 2014 and in Maungtaw in 2015- 2016, there were about […]

Mung bean output to be increased to meet demand from India

The number of mung bean plantation acres will be increased this winter to meet India’s demand of 10,000 tonnes of mung bean, according to the Rakhine Agriculture Department. India has said it will purchase 10,000 tonnes of mung bean during the next fiscal year, which has prompted the agriculture department to begin the process of […]