Stability of pulses market sought after India policy

Following India’s Restricted Pulse Import Policy, a co-ordination meeting on plans for Myanmar’s pulses exports in respective sectors was held at the Ministry of Commerce in Nay Pyi Taw yesterday morning. India’s Ministry of Commerce and Industry recently issued an import policy change to import only 200,000 tons of toor whole on 5 August, and […]

Myanmar Foreign Trade Volume at US$23.5billion as of 10 Feb 2017

​​ Foreign trade volume is over US$23.5billion,  US$61million more compared to the same period of last year, according to the Ministry of Commerce. Up to February 10, Myanmar received more than US$23.5billion from foreign trade, of which US$17.3billion came from overseas trade and more than US$6.1billion from border trade. In the export sector, overseas trade […]

Contracts of Foreign Investors at Inactive SEZs to be Reviewed

​​ Myanmar should establish new special econom­ic zones and contracts with foreign investors at inactive SEZs should be reviewed, the commerce minister has said. Dr Than Myint, chair­man of the SEZ Central Working Committee and Union Minister of the Ministry of Commerce, was speaking at a meeting with union ministers. “SEZs are one of the […]

Myanmar Rice Market Encounters Challenges

The Myanmar rice market is being faced with many challenges in its attempt to enter the highly competitive international market. Concerted efforts need to be exerted by all the stakeholders who are engaged in supply chain and the officials concerned to maintain a stable price, to make a profit for those who are participating including […]

Indian Companies Mulling Purchase of Myanmar’s Peas

Indian companies which have won the tender are considering purchase of Myanmar’s peas, resulting in a decrease in the price, said U Min Ko Oo, the secretary of Myanmar Pulses, Beans and Sesame Seeds Merchant Association. India’s government has been intervening in controlling the pea price since August. Additionally, pea tenders are divided into 5,000 […]

The members of the new Myanmar Investment Commission has been announced

THE Myanmar Investment Commission (MIC) was reshuffled on Tuesday with the appointment of U Kyaw Win, Union Minister for National Planning and Finance as chairman and U Than Myint, Union Minister for Commerce as vice chairman. The reformed commission includes 11 new members, while U Aung Naing Oo, former Secretary of the MIC, has been […]