Myanmar to Saudi marine products export to be discussed in Dubai Marine products Exhibition

Vice-Chairman of Myanmar Fisheries Federation (MFF) Dr. Toe Nanda Tin said that Saudi Arabia’s postponement on import of Myanmar products will be discussed at the Marine products exhibition which will be held in October 30th to November 1st 2018 in Dubai. “The embassy of Saudi Arabia requested Department of Fisheries to answer all the questions […]

Yamato ventures into Myanmar’s small-cargo delivery market

YANGON — In a move aimed at tapping into Myanmar’s small-cargo delivery market for homes and businesses, Japanese logistics company Yamato Holdings on Monday launched joint venture Yamato Global Logistics Myanmar in Yangon, the country’s biggest city. “In the near future, we want to offer small deliveries within Myanmar, one of our company’s strengths,” said […]

BRT Lite Share Sales Re-start

Yangon Public Bus Company – operator of the new Bus Rapid Transit (BRT) Lite bus routes – has started a second round of shares sales, while the government has extended the application deadline for firms interested in rolling out the BRT system city-wide. The government set up Yangon Public Bus Company last year, using a […]

Texchem expands into Myanmar’s marine products markets

Kuala Lumpur (April 1): Texchem Resources Bhd is venturing into the procurement and marketing of marine products such as soft shell crabs, prawns and hamaguri, the common orient clams, in Myanmar. In a filing with Bursa Malaysia today, Texchem said its unit Texchem Food Sdn Bhd has inked a joint venture agreement (JVA) with E-Sprint […]

Trade deficit sees ‘record high’ at US$ 2.65 Bn

Myanmar’s trade deficit has seen a new record high at US$ 2.65 billion because of stronger imports in the recent fiscal year 2013-14, according to the Ministry of Commerce. The statistics show a several-time increase of the trade deficit since 2012-13, which was just over US$ 91 million. Nevertheless, the total trade volume rose from […]