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Myanmar Shoppers Spend $90,000 in 1 Hour During Alibaba’s ‘11.11’ Online Sale

The local unit of Chinese e-commerce giant Alibaba Group sold over $90,000 worth of goods in the first hour of its first-ever online sale aimed at Myanmar shoppers on Sunday. The local version of Alibaba’s global “11.11” online sale was conducted by Myanmar’s biggest online shopping platform, SHOP.com.mm. SHOP said in a statement that over […]

Economic opportunities in Rakhine State

Rakhine State is rich in natural resources. It has many rivers, lakes, ponds and is connected to the ocean. Good ports exist and as improvement to road links are being made, trade, local and foreign investments are increasing. The government is emphasizing on investment and trade in order to increase production in agriculture products as […]