Thai Exim Bank to open rep office in Yangon

The Export-Import Bank of Thailand will open a representative office in Yangon, Myanmar, in April to assist the start-up or expansion of Thai companies there. Bank president Pisit Serewiwattana said.the Exim Bank has been given a licence to open an office in the former capital city by the Central Bank of Myanmar. The next step […]

Watermelon, muskmelon income accounted for 80 per cent of fruit and vegetables exports

Watermelon and muskmelon made up 80 per cent of the income earned from fruits and vegetables exported to foreign countries, according to the Commerce Ministry. During the 2015-2016 fiscal year, fruit and vegetable exports accounted for about US$93million in income, with export values of about US$60milllion from watermelon and about 20 million form muskmelon, said […]

Fruit back on sale in Muse 105th Mile trade camp

The fruits which were transferred for trade to the China market due to the fights in Muse trade camp are being placed onto Muse trade camp starting from 11th December, according to Muse fruit depot. Trading at Muse was suspended due to the fighting in Myanmar’s north-eastern Shan State and so, the fruits were traded […]

Commerce ministry allows re-export licensing for more commodities

The Ministry of Commerce will continue to issue licences for re-exporting because of the foreign market’s demand and the local production process. Over 20 categories of commodities are re-exported to other foreign countries after being locally reproduced at its origin. The main categories of re-export are sugar, fuel oil (diesel) and betel nut. Sugar exports […]

Myanmar Organic Association Tie Up with Japanese Firm to Boost Organic Farming

The Myanmar Organic Association said it plans to work with Japanese firm EM Company to promote organic farming in Myanmar. The plan is in response to growing demand for organic products in the international market, which Myanmar is poised to enter if it can increase investment and value-added capacity in the country’s large agriculture sector. […]