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Local coffee growers marginally hit by falling prices

A drop in global coffee prices has affected Myanmar’s coffee growers, says U Min Hlaing, secretary of Myanmar Coffee Association. Depending on the type of coffee, the price has dropped to around US$ 500 a tonne, he said. “The weather in Brazil, a major grower of coffee, was good last year so the country had […]

Ride on: Horse club wins tourism award

An enterprising woman turns a life-long passion for horses into an award-winning business on the shore of Inle Lake. By SHA MIAO | FRONTIER DAW SWE SWE LWIN, 32, has always been passionate about horses; when she was growing up in Zigon in Bago Region, her father was a horse-cart driver and the family had […]

Yangon’s new town plan expected to create about 900,000 job opportunities

The intended area for Yangon’s new town plan will cover up to 168,000 acres, and 20,000 acres of which will be used for the first phase and it is expected to create about 900,000 job opportunities, accord to the Socio-Economic Mater Plan of New Yangon Development Company. New Yangon Development Company (NYDC) hired top management […]

IFC, UMFCCI work to improve food safety in Myanmar

IFC, a member of the World Bank Group, signed an agreement with the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) to help food sector companies address and improve food safety practices. Another goal is to develop the country’s agribusiness sector to increase exports, draw investments, and generate jobs. According to IFC, […]

Dirt-poor Chin State hidden gem for investors

THE regional government in Chin State, together with the Directorate of Investment and Company Administration (DICA) and a UK-funded initiative, hailed Chin as a hidden gem overlooked by domestic and international investors. Renewable energy, tourism, agribusiness, weaving and urban development are pitched as key areas for development. Chin State, the least developed among Myanmar’s 14 […]

From a vantage point for development policy to Myanmar

After four years of significant changes in development policy, interesting years as Finland’s first Ambassador to Myanmar are awaiting Riikka Laatu. She is excited about her transfer to Yangon. At the start of September Riikka Laatu, Deputy Director General at the Ministry for Foreign Affairs, will transfer to her new position as Finland’s Ambassador to […]

More FDI essential for substantial increase in garment exports

The study called for an expansion of training in the garments sector to tackle shortages of high-level skill as well as complementary reforms in finance and trade policy. The briefing paper Foreign direct investment and economic transformation in Myanmar, written by Stephen Gelb, was published in June 2017 by Supporting Economic Transformation (SET). Funded by […]