US$400 million Chinese investment proposed for 33 agricultural extension centers

Myanmar’s Agribusiness Public Corporation (MAPCO), the Myanmar Rice Federation (MRF) and the China CITIC Construction Group submitted a US$400 million proposal to Myanmar Investment Commission (MIC) to construct the 33 agribusiness service centers in states and regions. “We will construct the 33 agribusiness service centers as soon as possible,” said Dr. Soe Tun, the MRF […]

Inle chemical-free tomatoes to be available in Yangon market

The Inle chemical-free tomatoes, the first Good Agricultural Practices (GAP)-compliant crop produced in the country, is now being sold at the City Mart in Yangon, according to Nyaung Shwe Restaurants Businessmen Association secretary U Aung Kyaw. The Nyaung Shwe Restaurants Businessmen Association in cooperation with the Nyaung Shwe Agricultural Department in Shan State supported the […]

K30b Request to Boost Yangon Power Approved

​​ A request of K30 billion from the special reserved fund, granted by Budget Law of the Union 2016, to be spent for supplying the electricity power shortage in Yangon Region during the summer season was approved by the Pyidaungsu Hluttaw on March 17 amidst complaints by some MPs about poor electricity conditions in their […]

Muse rice traders hoping New Years brings better luck

Muse-based rice traders are hopeful that the Year of the Sheep will improve their fortunes. Rice exports to China have plummeted to almost nothing from peaks of 2000 tonnes a day following a series of raids conducted by Chinese customs on allegedly illegal rice importers on the Chinese side of the border. The Muse commodity […]