Myanmar Firm Building $12m Industrial Park in Push to Modernise Agriculture

​​ The Myanmar Ag­ribusiness Pub­lic Corporation is building a $12 million in­dustrial park in the delta region in a bid to push up the quality of Myanmar’s farming produce and at­tract investment. The park in Myaungmya township, about 150 kilo­metres west of Yangon, is slated for completion in late 2018, but already has basic infrastructure […]

Deadly Jade Landslide Shines Light on Pitfalls For Investors Eyeing Murky Industry

​​ A landslide in Kachin’s infamous jade mining region has killed at least 20 people, according to reports, in the latest disaster to blight the murky industry. Another two people were injured when a 400ft mound of debris in Hpakant gave way last Wednesday, burying foragers who were searching for fragments of precious stones, according […]

Transport Authority Warns of Dangerous Modifications to Oil Tankers

Oil tankers with illegally-modified tanks will be banned from registering with the Road Transport Administration Department (RTAD) under a new plan aimed at curbing the dangerous practice. The new rules are designed to limit the number of owners undermining the safety of their trucks by stripping down the inside of their tanks to increase the amount of oil they […]

KFC Myanmar Ponders Mountainous Shan State as it Considers a Future Beyond Major Cities

US fast food giant KFC will open its first store in outside of Yangon next year with a new outlet in Mandalay. But the company is already looking further afield in its bid to tap increasing demand for consumer goods following decades of isolation and economic stagnation. The fried chicken giant’s plans for Myanmar’s second […]

Google Sees Brighter Future for Apps in Myanmar, Including Its Own

The end of US sanctions will make it far easier for e-commerce players to sell their products from Myanmar on platforms such as Google Play, a Myanmar developer for the company has said. Ko Ye Lin Wai, an authorized developer for Google in Myanmar, also pledged at a tech development conference earlier this month to […]

Beans and Pulse Association Weighs on Trader Dispute

Based on request from a local company, Myanmar Pulses, Beans and Sesame Seeds Merchants Association will solve the financial issue between merchants and the company. The pulse trading firm, Thein Than Company, asked help from the association a month ago to judge the financial issue. “We are checking the financial statement of both sides and […]

Garment Exports Jump More Than Threefold in 2016-17FY

Garment sector’s export volume during the five months of 2016-17 reached $512 million compared with the same period last year, according to Ministry of Commerce. “Until September 9, garment export reached $745.49 million. Last year in this season, the export reached $232.81 million. In last year August, we aimed to boost the export volume, and […]

New Housing Project At Hlegu in The Pipeline

A new urban area comprising residential apartments and shopping centres will be implemented at Hlegu Township in the outskirts of Yangon to provide grassroots level people with affordable housing, according to the Ministry of Construction. Maharmate Kyal Group, a local developer, in partnership with the Ministry of Construction, is expected to implement the housing project […]

Laws Need to be Updated to Attract Foreign Investment: MIC Secretary

Foreign investment has been increasing in Myanmar, but for the trend to continue, the government needs to update some of its antiquated laws to protect investors, according to secretary of Myanmar Investment Commission. “The existing laws in Myanmar have many weakness. Foreign investment relies on laws to protect them. First, they study law protections for […]

Organic Farming Vs Commercial Farming in Myanmar

Myanmar needs to rethink its agricultural strategy if it wants to be a successful agricultural export nation. Past farming policy also needs to be reviewed in light of today’s challenges and tomorrow’s possibilities. In our study on organic farming in Myanmar we interviewed companies that market organic rice, organic medicine, organic fruits and organic vegetables. […]