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Myanmar, S. Korea Agree to Build Logistics Hub in Yangon

YANGON, Feb. 6 (Xinhua) — Myanmar and South Korea signed a memorandum of understanding to build a logistics hub of international standard in Yangon, the official Global New Light of Myanmar reported Tuesday. The logistics hub will be constructed by the Myanmar Ministry of Commerce and the HUBS MK Company of South Korea on a […]

Myanmar’s Private Sector to Cooperate With China to Build Agronomics Service Center

YANGON, July 24 (Xinhua) — Two Myanmar private organizations have signed a memorandum of understanding (MoU) with China’s CITIC Construction to implement an agronomics service center project, Myanmar News Agency reported Monday. The MoU, which involves Myanmar Rice Association and Myanmar Agronomics Public Corporation, was signed in Nay Pyi Yaw in the weekend. The project […]

Myanmar CMP system apparel exports rise 83.7%

As of middle of December 2016, exports from Myanmar garments firms employing the cutting, making and packaging (CMP) system soared to $1.157 billion, up 83.7 per cent as against $629.709 million in the same period of the prior fiscal. Exports to Japan, the largest apparel importer from Myanmar accounted for 33 per cent of all […]