Myanmar sees gains in rice, corn production

Rice and corn production in Myanmar is expected to increase in the 2016-17 marketing year, while production of wheat is forecast to fall, according to an April 20 report from the Foreign Agricultural Service (FAS) of the U.S. Department of Agriculture (USDA). Rice production in 2016-17 is forecast at 12.2 million tonnes, up from 12.16 […]

Analysis: Opportunity Knocks in Myanmar Health Market

After a visit to Myanmar, Jiadi Yu, principal investment officer at the IFC in Hong Kong, is optimistic about the country’s health market. Myanmar is an exciting place for investors. The new government led by Aung San Suu Kyi is encouraging private sector development and foreign investment. The country is gradually opening itself up for […]

Manila Water seeks bigger projects in Yangon, Bandung

Manila Water Company, a member of the Ayala Group of companies, is planning to submit scaled-up proposals in the third quarter of 2017 for prospective water concessions in Myanmar and Indonesia following the success of its pilot projects. In a press briefing after the firm’s annual stockholders’ meeting, MWC Chief Operating Officer for New Business […]

Myanmar and ASEAN A Great Unknown to Trump

Eric Rose is lead director of Herzfeld Rubin Meyer & Rose (“HRMR”), the first US law firm established in Myanmar. HRMR is a founding member of the American Chamber of Commerce Myanmar, and Mr Rose serves on its Executive Committee, and also chairs its HR Committee. In an exclusive interview with the Myanmar Times, he […]

Duterte: Myanmar should use the many opportunities for education and training that Philippines offer

In his address Duterte, stressed the importance of inclusive economic growth in the region. “In trade and investment, we must sustain our growth rates so that everyone, I mean everyone in our societies enjoy the blessings of prosperity.” Duterte pointed out that previous areas of cooperation have been rather fruitful for both sides in the […]

BDMS unit opens medical lab in Yangon

National Healthcare System Co Ltd (N Health), a healthcare business unit under Bangkok Dusit Medical Services Plc (BDMS), launched a medical laboratory in Yangon on Monday with local partners to tap growing opportunities there. This investment in Myanmar is a major step for N Health as we plan to add more branches across the region, […]

Singapore Company Targets Off-Grid Rural Households With Affordable Solar Panels

​​ The Singaporean so­lar power company SolarHome has in­troduced its products in Myanmar, targeting the sizeable portion of the country’s population that lives off-grid. Under its Pay As You Go (PAYG) system, custom­ers don’t need to purchase their solar power system outright. Instead they pay off the price in monthly instill­ments that are similar to […]

Iconic European Car Brands Open Service Centres in Yangon

​​ Myanmar Mini and Volvo own­ers can now rest easy knowing where to next book their high per­formance vehicles in for a service after the two icon­ic European car brands launched official service centres in Yangon. The launch of the offi­cial Mini service centre by Mini’s Myanmar partner, Prestige Automobiles, means owners of the icon­ic […]

Myanmar Has Earned Over $370m From Rice Exports So Far This Fiscal Year – Ministry

​​ Myanmar export­ed over 1.2 mil­lion tons of rice in the first 10 months of the current fiscal year, earning $376 million, ac­cording to the figures of Ministry of Commerce. As of January, 68 per­cent of rice exports, or 800,000 tons, were sold through border trade, while over 400,000 tons were sold through other channels, […]

Rice and broken rice export hit 1.2million tonnes

The export volume of rice and broken rice hit 1.2 million tonnes as of the third week of January. Over 400,000 tonnes of rice and broken rice worth US$120million were exported through normal trade, whereas about 800,000 tonnes of rice and broken rice worth US$256million were exported via border trade camps, according to the figures […]