Fast-Growing Coffee Sector Looks for Extra Shot of Support From Government

YANGON— Myanmar’s coffee market is growing robustly, with the country’s beans attracting increasing interest in international markets as well as locally, industry sources said. U Min Hlaing, secretary of the Myanmar Coffee Association, said demand for Myanmar coffee has surged in the past few years and it is now being exported to more than a […]

GAP system encouraged for export in Myanmar

The department of agriculture is implementing growing of vegetables and culinary crops such as rice, beans, pulses and corn using a Good Agricultural Practices (GAP) system in some States and Regions which could help Myanmar’s agricultural industry better access export markets. Coffee grown with the GAP system enters international market successfully. In order to export […]

Myanmar fishery traders call for negotiation over Saudi Arabia’s import suspension

YANGON, March 8 (Xinhua) — Myanmar’s Fishery Products Processors and Exporters Association has called for government-to-government negotiation over Saudi Arabia’s suspension of fishery imports from Myanmar which will start from April 1, the official Global New Light of Myanmar reported Thursday. Saudi Arabia’s imposition of ban on fishery imports from Myanmar along with Bangladesh and […]

Myanmar: Transparency should be the key to boost the teak market

The authorities in Myanmar were reminded by the Environmental Investigation Agency (EIA) that if they don’t clarify the flow of logs which go from the forests to the mills, the legality of the wood for export will always be doubted by the teak importers. Myanmar has been striving to ensure forest conservation and the production […]

Ambient Digital Group Appoints Yvette Ces as Regional Associate Business Director

Digital media and marketing solutions company, Ambient Digital Group, has appointed Yvette Ces as Regional Associate Business Director. Her responsibilities will include heading up the Myanmar business to expand on its strong growth. Ces will work from the Yangon office, and be responsible for all sales, marketing and new business activities, as well as back […]

Yangon looks to cut rice production

Military-appointed First Vice President Myint Swe meets business leaders in Yangon. The Yangon regional government is holding discussions with the Ministry of Agriculture, Livestock and Irrigation about growing other crops in 1.2 million acres of paddy fields, said the region’s Chief Minister Phyo Min Thein on September 23. “We are drafting a master plan for […]

Mastercard to keep high growth rate in Myanmar

Ravinder Aurora, executive director for global public policy and community relations at Mastercard, said at a press conference yesterday that the company enjoyed double digit growth in terms of the number of card users and transaction value by using the cards every year. “Currently, I believe there are roughly about 2 million cards within the […]

MOC unveils new agricultural export reform plan

The Myanmar government outlined an agricultural trade plan to improve the nation’s struggling export trade sector, according to an article in yesterday’s edition of Myanma Alin Daily newspaper. The plan will address challenges including municipal container truck bans, paperwork hurdles and administrative obstacles that complicate export logistics and result in higher and less competitive prices […]

Trade on the rise, more FDI needed: U Ye Min Aung UMFCCI VP

U Ye Min Aung, vice president of the Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry, told the Global New Light of Myanmar his views on Myanmar’s economy in an exclusive interview. Q: Please tell us about the current economic situation in Myanmar? A: At the present period, global economy […]

Rice and broken rice export hit 1.2million tonnes

The export volume of rice and broken rice hit 1.2 million tonnes as of the third week of January. Over 400,000 tonnes of rice and broken rice worth US$120million were exported through normal trade, whereas about 800,000 tonnes of rice and broken rice worth US$256million were exported via border trade camps, according to the figures […]