Water Transport to Begin Operation in Early June

Water vehicles will start serving commuters in early June with ships and boats bought from Thailand and Australia, according to Daw Tint Tint Lwin, CEO of Tint Tint Myanmar. The Yangon regional government had promised to implement a water taxi system on the Hlaing River and Nga Moe Yeik Creek. Tint Tint Myanmar won the […]

Trade Between Myanmar and Middle East Tops $300m

Total trade between Myanmar and Mid­dle Eastern coun­tries reached $332.874 million in the first 10 months of this fiscal year, 2016-2017, official media reported. Myanmar made $100 million through exports to these countries during the period while import values reached over $231 million. Myanmar mainly ex­ports fishery products, agriculture products such as beans and pulses […]

Antiques selling well with increasing number of tourists

  With an increasing number of tourists coming to Myanmar, the sale of antiques are also on the rise, it is learnt. The antique shops are dependent on tourists because they have the appreciation, knowledge and income to collect antiques. The shops are found mostly in Yangon, Mandalay, Inle, Bagan and NyaungU. Antique store owners […]

Only 3% of rubber in global market produced in Myanmar, Cambodia, Laos

THAILAND remains the world’s largest rubber producer, accounting for 36 per cent of the total production last year, followed by Indonesia with 26 per cent and Viet Nam with 8 per cent, according to the International Rubber Study Group. Thailand has been the world’s largest producer of natural rubber since 1993. China is the fourth […]

New JV to Set Up $5-m Rice Mill in The Delta

Myanmar Rice Mill Company (MRMC), a joint venture company set up by Beijing-based China CAMC Engineering and Myanmar Millers Association, is going to launch a project to build an international standard rice mill in Myanmar’s delta region this year. The new mill is planned to be built on 7 acres of land in Sarr Ma […]

Import of natural gas and hydropower form Myanmar to India

One of the worst decisions of the BNP-led government in 2004 was the rejection of the Indian proposal to lay a gas pipeline from Myanmar to India through Bangladesh. This could enable us to share part of the gas and significantly reduce our dependence on the import of costly oil (and perhaps LNG) to meet […]

Myanmar Seeks to Establish Direct Air Links with Europe

The government is discussing with some European countries to sign aviation agreements which will pave the way to establish direct air connections between Europe and the recently-opened Southeast Asian nation, a Directorate of Civil Aviation (DCA) official said. “Now we are discussing with Netherlands and France. Then we will continue to discuss with other countries,” […]