Thailand’s Infrastructure Plans are Good for Trade with Myanmar

​​ Thailand revealed plans to invest in its infrastructure to boost trade with Myanmar. By committing to the initial investment, Thailand has started the process. Both parties must then work together to reap the benefits of the new infrastructure. Border trade makes up a reported 80% of trade between Myanmar and Thailand. It is essential […]

USGC Sees Growth Potential For Feed Production, Grain Imports In Myanmar

The Council recently conducted an on-the-ground assessment of the growth potential for Myanmar’s animal and feed manufacturing sectors – and how that growth could translate into increased exports of U.S. feed grains and co-products. “Myanmar is advantageously positioned to experience double digit growth in its livestock sector over the next five years,” said Caleb Wurth, […]

Beans and Pulses Traders Hopeful to Tap China Market

​​ Beans and pulses produced in Myanmar have long relied on the Indian market, but the industry has started broadening their horizons to another giant market – China, said U Aung Soe, director general from Myanmar’s Trade Promotion Organisation under the Ministry of Commerce. A delegation, which consists of officials from the ministry and nine companies […]

More Asian Travellers Expected to Arrive in 2018

Industry players forecast tour packages from Asian markets to jump 25 percent in 2018 and 2019, while arrivals from European countries could dip by almost 20pc for the same period. U Khin Zaw, advisor of the Union minister of Hotels and Tourism, told The Myanmar Times on January 3 that the change in arrival pattern was […]

FDA Refuses First Shipment Of Shrimp From Myanmar For Banned Antibiotics; Refusals For Year Lowest Since 2012

Last week, the U.S. Food and Drug Administration (FDA) released information regarding import refusals for December. Last month, the FDA reports that only 1 out of the 105 (0.9%) total seafood entry line refusals were of shrimp for reasons related to banned antibiotics. The one shrimp entry line refused by the FDA for banned antibiotics in […]

Regions and States Seek Permission to Operate Casinos

FIVE regional and state chief ministers have sought permission to operate casinos in hotels in their respective territories during a meeting with Vice President U Henry Van Thio in Nay Pyi Taw in last month, according to U Yan Win, chair of Myanmar Tourism Federation. The chief ministers from Mandalay, Tanintharyi, Shan, Kayin and Mon discussed […]

Gems and Jewelry Fair Returns to Yangon

​​ YANGON — The international Gems and Jewelry Fair is returning to Yangon this year, nearly a decade after it was last held in the country’s commercial capital. The fair will feature about 100 booths selling mainly rubies, jade and sapphire and run from Jan. 11 through Jan. 14 at the Lotte Hotel in Hlaing […]

Parami Energy Readies Imported LPG for Sale as Demand Rises

The government is aiming to replace the use of electricity with Liquefied Petroleum Gas (LPG) as a fuel for household cooking. If widely used, LPG can reduce the use of firewood as well as electricity when cooking, which will help to conserve power as well as the environment. Last year, the Ministry of Electricity and […]

Overseas demand for locally-produced coffee expected to rise in 2018

Prospects are looking good for the Myanmar coffee industry, with coffee prices kicking off the New Year on a high level and domestic market conditions looking rather positive, coffee plantation workers said. The market price for ripe coffee cherries harvested in December is now K800-K900 per viss (1.6kg), which is at the higher end of […]

Myanmar better off in good graces with the West

Two developments stood out in Myanmar’s international relations landscape in 2017: The increasing Chinese influence in the country and the immense diplomatic pressure from international community on the government’s handling of the Rakhine crisis. Analysts cautioned Myanmar against overdependence on China for its development and urged the country to mend ties with the West to […]