Mango growers expect good yield, high market potential in China in coming season

Myanmar’s mango is expected to reach 80 per cent market share in China, along with high yield during the upcoming mango season, said U Kyaw Soe Naing, secretary of Myanmar Mango Market and Technology Development Association. The blooming season has started. The growers are providing trees with nutrients, irrigation and insecticide. As the COVID-19 vaccine […]

FMI terminates investment in Yeni Industrial Town Project

First Myanmar Investment Company (FMI) yesterday announced the termination of its agreement to invest in Asia Golden Glory Development Co, the company involved in developing the Yeni Industrial Town Project. In an announcement filed with the Yangon Stock Exchange, FMI said it had terminated a 2017 agreement for it to acquire a 30 percent stake […]

Can Myanmar fisheries compete with Thailand and Vietnam?

Fishery factories in Myanmar will have to compete with experienced competitors in Thailand and Vietnam if they aim to conduct successful CMP (cutting, manufacturing, packaging) operations, say industry experts. Domestic fisheries firms will also be obliged to improve the state of their factories and machinery, and their technological and transportation systems if they are to […]