Myanmar launched the GS1 Myanmar barcode, an internationally recognised standard that is expected to facilitate exports, at the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) last Saturday. The GS1 barcode system helps businesses find out information about the product quickly and accurately, reduce damage, and control distribution. It is also helps […]
Flower crab exports declined by half this year
November 18, 2016 by
Despite the continued high demand for flower crab from Thailand, this year’s export volume of the blue crabs has declined by half compared to the same period last year, exporters say. “The price of flower crabs produced from Kyaukpru, a major town in Rakhine State, is increasing due to Thailand’s growing demand. However, it is […]
Tariff Bill Expected to Create Export Exemptions
February 26, 2015 by
Manufacturing companies will be able to deduct taxes for material imports and manufacturing operations from their export tariffs if a bill to update the Tariff Law for 2015-16 fiscal year passes. The tax credit for exports is aimed at promoting value-added processes and the export production capacity, U Zay Ya Si Thu, deputy director of […]
Melon market bounces back
February 23, 2015 by
Seesawing melon prices are on the up again, thanks to a combination of falling production and rising demand in advance of the Chinese New Year. Honeydew prices are expected to climb to 5.5 yuan (US$0.88) per kilogram, up from a low of 1 yuan at the beginning of the year, say officials from the Myanmar […]
Maritime spat to aid rice exporters
June 17, 2014 by
Growing tensions in the South China Sea in recent months is leading China to shun Vietnam for its rice imports, opening the door for Myanmar exporters, according to traders. Much of Myanmar’s official exports currently go to African countries, but with Thai exporters dropping prices in those markets since the May 22 coup, Myanmar exporters […]
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