Ministry of Agriculture, Livestock and Irrigation China-aided Pilot Project of Poverty Reduction Cooperation in Myanmar Consulting firm for project baseline survey and M & E The Department of Rural Development (DRD) of the Ministry of Agriculture, Livestock and Irrigation as implementation agency (IA) of Myanmar, is jointly implementing the China-aided Pilot Project of Poverty Reduction […]
Invitation for technical and financial proposals,The department of rural development, Submission Date: 4 July 2018.
Belt and Road shields Myanmar from Beijing’s capital crackdown
BEIJING’S recent crackdown on outbound investments does not affect Myanmar because of its involvement in the Belt and Road Initiative (BRI). The sectors targeted by the restriction do not concern investment projects here, which are mostly infrastructure and energy-related. The Chinese government is blacklisting businesses which violate foreign investment rules as part of a broader […]
China Yunnan courting Myanmar with investment and BRI
Myanmar’s economy is inextricably linked to neighbouring China. The country exports more than half its agriculture produce across the border, making China one of its largest trade partners. Meanwhile, China is also the largest investor in Myanmar, with total approved investments totaling US$19.1 billion as at August 31. As a whole, foreign direct investments from […]
Crop insurance, land reform and investment are essential to Myanmar’s agricultural sector
Q: What is the state of the rice industry in Myanmar? A: The government relaxed its control of the rice industry in 2003. Since FY2012-2013, rice export volume has exceeded one million tons per year. Q: Rice from Myanmar does not meet international standards and fails to sell for good prices in the international market. […]
Muse trade rises again after merchant accounts unfrozen
The Muse land port of entry saw trade values increase by US$100 million in first four months of the current financial year compared to same period of last year, said the merchants engaged in Muse border trade. The increase in trade is due, in part, to the unfreezing of bank accounts by China after a […]
Myanmar businessmen propose Muse FX exchange for China trade
Myanmar businessmen are lobbying the government to open a new state-run foreign exchange bank near Muse Trade Zone in response to China’s recent closures of Myanmar traders’ bank accounts along the Yunnan border, according to a report of Myawady Daily newspaper yesterday. In an effort to crack down on illegal gambling, smuggling and other illicit […]
Exports Prioritised to Meet Trade Target
According to official figures from the Ministry of Commerce, trade volume reached US$23 billion until the end of January in this fiscal year. The ministry has set the target trade volume to be $31 billion, therefore the ministry will continue trying to achieve its target over the next two months, said U Khin Maung […]