Local plastic makers face rising competition from imports

Plastic makers in Mandalay are facing tough competition from imported products, local businesses told the Myanmar Times. Foreign plastic products are much cheaper than locally made products because local producers are unable to scale production and instead face rising costs from having to import raw material and logistics. “For production cost, we are trying to […]

Premium Distribution and Trust Venture Partners Announce Investment in UniVege

Premium Distribution, one of Myanmar’s largest wholesalers, and leading financial advisor Trust Venture Partners (TVP) are pleased to announce a newly formed joint venture which will fully acquire the business of hydroponic plant grower Provide Advanced Technology (PAT). The food tech startup was set up by Japanese entrepreneurs and grows organic salad and vegetables. PAT […]