Over 90,000 Motorbikes Imported Through Border Trade in April

Myanmar import­ed 95,000 mo­torbikes from China through the Muse border gate, earning the government $30 million in import duty for April, state media has reported. Well-known Chinese motorcycle brands in­cluding Kenbo, Canda, Toyomax and Dayaung are mainly exported to lo­cal markets in Mandalay and other central regions. Demand for bikes is high in rural areas […]

Rejoining Asia’s Rice Bowls

Rice is one of the major sectors prioritised by the Myanmar National Export Strategy. The Strategy was designed to fuel the country’s sustainable development through export promotion and was first launched in March 2015 under the previous administration. At one time, the country was the top rice exporter internationally until the Second World War. Subsequently, […]

Yangon plans airport-downtown shuttle service

Authorities are working on setting routes for a shuttle service business between Yangon International Airport and downtown Yangon. With new buses imported from China, the service will be placed into operation soon, said Dr Maung Aung, Secretary of the Yangon Region Transport Authorities. An agreement to buy 1,000 new city buses for the roads of […]

Rakhine State Plans to Export 10,000 Tons of Beans to India

Rakhine state plans to export 10,000 tons of Matpe beans to India in the cur­rent fiscal year, which be­gan in April. Official media reported that arrangements are underway to plant Matpe beans in the state during the coming rainy season and will export the sur­plus to the neighboring country, Rakhine State Minister of Planning, Revenue […]

China-Myanmar oil, gas project benefits both

The China-Myanmar crude oil and gas pipeline, a pioneer project of the China-proposed Belt and Road Initiative, has brought tangible benefits to both sides, and won broad support. The pipeline project consists of a crude oil pipeline and a natural gas pipeline, which run from the port of Kyaukpyu on Myanmar’s west coast to Ruili […]

China Faces Resistance to a Cherished Theme of Its Foreign Policy

ON APRIL 10th a freight train pulled out of Barking station in London carrying Scotch whisky, baby milk and engineering equipment. It arrived in Yiwu in eastern China (see map) nearly three weeks later, completing the second-longest round-trip train journey ever made (after Yiwu to Madrid and back, a record set in 2014). It lopped […]

Siemens, MMH join hands for port operations

Siemens, a global powerhouse focusing on the areas of electrification, automation and digitalisation, plans to expand its business in Myanmar by providing Myanmar’s ports with technology and solutions in cooperation with a local counterpart, Myanmar Mahar Htun Co (MMH), according to Christian Beckers, head of business development at Siemens Myanmar and Cambodia. Beckers said in […]

Clothing industry looks for favoured status

The Myanmar Garment Entrepreneurs Association says it is working for MFN (most-favoured nation) status so that the CMP (cutting, making and packaging) clothing industry can receive tax reliefs. Myint Soe, chair of the association, said: “I have submitted a plan to ensure the country gets MFN status when CMP products are exported to the US. […]

Reviving the Comatose Bangladesh-China-India-Myanmar Corridor

The Joint Study Group (JSG) of the Bangladesh-China-India-Myanmar Economic Corridor (BCIM) concluded its third meeting on April 26. The two-day meeting in Kolkata, India, revolved around each country sharing their revised reports on the BCIM. The member countries submitted four separate reports involving 11 sectors for consideration by the respective governments, including general principles on […]

China and Myanmar open long-delayed oil pipeline

Strategic supply route helps Beijing avoid Malacca Strait chokepoint China and Myanmar have finally agreed to open a cross-border pipeline into south-east China, allowing Beijing to diversify oil supply routes and reduce its dependence on the contentious South China Sea. The agreement, announced by Chinese vice-foreign minister Liu Zhenmin at the end of a state […]