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Myanmar on path to meet $10-bn garment export target: MGEA

Myanmar’s garment sector is on track to meet a target of $10 billion in exports, according to the Myanmar Garment Entrepreneurs Association (MGEA), which had laid out the target and a goal to create one million jobs under the Myanmar Garment Industry Strategic Plan 2014-2024. Export figures rose from $800 million in 2015-16 to over […]

DFID boss highlights support for garment workers, marginalised groups

A UK cabinet minister highlighted how Myanmar’s garment industry is supporting the livelihood and security of vulnerable women. Penny Mordaunt, Britain’s international development secretary, said during her visit to Myanmar that protecting the Muslim communities who have remained in northern Rakhine and supporting them to live “side-by-side and in peace in their communities” is among […]

Myanmar may lose EU trade privileges

The European Union warned Myanmar on Friday it could lose trade privileges over its “blatant violation of human rights”, as the international backlash over the Rohingya crisis grows. EU Trade Commissioner Cecilia Malmstrom said a fact-finding mission would arrive in Myanmar soon to assess whether the highly preferential tariff arrangement Myanmar enjoys, known as “everything […]

Myanmar to resume timber extraction

Myanmar will produce 15,000 tons of teak in the timber extraction season this year, said Kyaw Kyaw Lwin, Deputy Director-General of Forest Department at the Ministry of Natural Resources and Environmental Conservation, at a round-table discussion on the State economy pertaining to the forest sector. “The ministry has been carrying out timber extraction from natural […]

Myanmar earns US$538 M from CMP garment export

Myanmar earned US$538 million from CMP garment export and US$433 million from natural gas export in April and May, according to Ministry of Commerce. Myanmar exported US$2.4 billion worth of products in this period. The CMP garment export also topped the export list in the same period of last year with US$277 million, according to […]

Major Dutch timber company found guilty of dealing in illegal teak

Dutch company Boogaerdt Hout has been found guilty of violating the European Union Timber Regulation (EUTR) for placing illegal Burmese teak on the market. The company has two months in which to clear its supply chain of illegal wood. An investigation has revealed a major Dutch timber company placed illegally sourced teak from Myanmar on […]

Timber group replaces sub-contractors with service providers

This comes after it previously said no more sub-contracts would be issued. It announced that the decision to hire service providers was due to the MTE’s capacity limits. Experts have questioned the differences between sub-contractors and service providers and argued that transparency is essential in any reformed processes. Last year, the MTE announced that it […]

Myanmar to Upgrade Livestock and Fisheries Sector for More Export to EU Market

YANGON, Nov. 25 (Xinhua) — Myanmar will implement an upgrading program for the country’s livestock and fishery sector in cooperation with European Union (EU) and German state-owned organization GIZ, according to the ministry of agriculture, livestock and irrigation of Myanmar Friday. U Khin Maung Maw, a director general from Myanmar’s fishery department and Dr. Pefra […]

Swedish Court rules Against Importer of Myanmar Timber

Sweden has prosecuted an importer and trader of Myanmar teak under an European Union rule that bans placing illegal or high-risk wood on the EU market, according to information from the NGO Environmental Investigation Agency (EIA). An EIA statement yesterday announced that a Swedish Forest Agency investigation found Almtra Nordic could not demonstrate who had […]

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 […]