Secrecy haunts oil sector, says Global Witness NGO

High levels of corporate secrecy must be tackled if Myanmar is to benefit from its oil and gas wealth, claimed international NGO Global Witness. It released a report highlighting its attempt to find the ultimate beneficial owners of the 47 international and local companies that won rights to 36 onshore and offshore blocks in Myanmar […]

Rising rice yields seen as golden opportunity

Myanmar can more than double rice exports by improving farm productivity, cutting export costs, and opening milling sector to FDI Once the world’s top rice exporter, Myanmar has a chance to rejuvenate its glory days if its export strategy is reviewed, the World Bank said. The country’s rice exports could more than double if production […]