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 […]

Foreigners can now trade in Construction Materials, Hospital Equipment, Fertilizers, Seeds and Pesticides without having to JV with Myanmar citizens

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens.   Under Ministry of Commerce Notification 36/2017 foreign-owned companies can now trade, import, wholesale and retail the following items: Construction Materials Hospital Equipment Fertilizers Seeds Pesticides Previously only local Myanmar companies and foreign JV were allowed to be […]

Ministry, UMFCCI Join Calls for Import Substitution as Import Rises

The import volume has increased by US$600 million, compared to the same period from the previous fiscal year, according to 2017-18 trade statistics up till May from the Ministry of Commerce (MOC). Total trade volume from April 1, 2017 to June 2, 2017 is $5.07 billion – an export of $1.9 billion and import of $3.11 billion. When compared to last year’s performance, export increased by about $100 million while Myanmar imported $600 million more than last […]

Fisheries exports reaches about $450 million: MoC

Myanmar earned about US$450 million from the export of fisheries products over the first ten months of this fiscal year, $76 million more than at the same time last year, according to official figures issued by the Commerce Ministry. The country exported $368.843 million worth fisheries products to international trade partners from private sector in […]

Singapore’s Surbana Jurong JV builds local capacity

Singapore’s Surbana International Consultants will have a greater capacity to bid for large scale projects in Myanmar, following its recent merger with Jurong International Holdings, according to Gareth Wong, general manager of Surbana in Myanmar. Both companies were formerly part of the Singaporean government – Surbana was formerly under the Housing & Development Board (HDB) […]

Seeds No Longer Need Inspection: Ministry

The Ministry of Commerce (MOC) announced that it has withdrawn the need for phytosanitary certificates to import seeds. Previously, if a company wanted to import seeds, they needed both a phytosanitary certificate as well as an import certificate, which would have to be submitted together to the Department of Agriculture. Seed importers also had to […]