fbpx

Myanmar seeks new export markets for local cattle

Myanmar will seek new foreign markets to which it can export cattle, said Daw Tin Nwe Yee, a deputy director from the Livestock Breeding and Veterinary Department under the Ministry of Agriculture, Livestock and Irrigation. “We are working on exporting to India through Tamu-Moreh border trading point and will continue to legalise new routes,” she […]

EU and Germany Invest 22.25 Million EUR Aquaculture in Myanmar

The Department of Fisheries of the Ministry of Agriculture, Livestock and Irrigation hosted the official launch of the Myanmar Sustainable Aquaculture Programme (MYSAP) in Naypyidaw today. Over the course of five years, MYSAP will support the sustainable development of aquaculture in Myanmar, with 22.25 million EUR (36.70 billion MMK) in funding from the European Union […]

Government Commits to Long Term Aquaculture Development; Starts Dialogue on Issues

Myanmar has taken its first major step towards developing a sustainable aquaculture industry that will meet domestic dietary needs and support the country’s fishery exports business at a time when wild fish stocks are declining rapidly. “The fisheries sector is one of the most important for our ministry, contributing to the protein needs of our […]

Myanmar Boosts Electricity Access Through Off-Grid Solutions

Khant Zaw, director general at the Department of Rural Development (DRD), said US$90 million would be used for implementation of off-grid projects which would run from 2016 to 2021. Upon completion, the project aims to implement solar home system in 8,400 villages and mini-grid projects in 350 villages that are situated over 10 miles away […]

IFC, Myanmar Introduce ag Guidelines and Protocol

YANGON, MYANMAR — The International Finance Corp. (IFC) has partnered with the Department of Agriculture of Myanmar’s Ministry of Agriculture, Livestock and Irrigation (MoALI) to introduce guidelines geared toward improving the productivity and profitability of farmers through sustainable farming. The Good Agricultural Practices (GAP) Protocol and Guidelines specifically cover 15 crops, including rice and peanuts. […]

Legislation for Rubber Sector Being Drafted

The government, in cooperation with the Myanmar Rubber Planters and Producers Association, is currently drafting legislation for the rubber industry. Efforts are being exerted for a Rubber Central market to come out once a Rubber Law is instituted. At present, officials from the Myanmar Rubber Planters and Producers Association and related ministries including the Ministry […]

Myanmar Coffee Exports to Stimulate Agro Sector

The government has placed emphasis on the diversification of crops which have wide international markets access, in addition to paddy, and it hopes to increase coffee production. Union Minister for Agriculture, Livestock and Irrigation, Dr Aung Thu, said he hopes to increase the coffee acreage to 200,000 and exports to 60,000 tons by 2030. “During […]

Foreign Firms Allowed to Import Agricultural, Medical and Construction Materials

The import of seeds, fertilisers, hospital equipment and building materials by foreign businesses will soon be permitted for the first time, U Khin Maung Lwin, assistant secretary from Ministry of Commerce, told The Myanmar Times. Procedures to permit non-Myanmar firms to trade agricultural products and building materials have been ongoing, and negotiations with related ministries are […]

Pay Hike for Civil Servants Unlikely

Hopes for a pay rise this month will likely remain a pipe dream for civil servants, according to an official from the Ministry of Planning and Finance. The ministry official said no recommendation on increasing the salaries of civil servants had been made during the parliament meeting to discuss the Union budget, denying rumours that […]

Fiscal Year 2017-18: a New Dawn for Economic Policies

​​ The new fiscal year will start on April 1, which also marks the start of new laws and economic policies for Myanmar. The new Myanmar Investment Law, which was recently passed, will come into effect on April 1 and its implementation and enactment will spell changes for the country’s businesses and investors. A developing […]