Construction of high-quality rice mills completed

In a bid to produce quality rice, high-quality rice mills were constructed in Kyaiklat, Ayeyawady Region and are now complete, said an official from Myanmar Agribusiness Public Corporation (MAPCO). The country’s top rice milling businesses will now be all in the same place, with this project’s Phase-1 slated to open in March. These mills are […]

MRF requested Commerce ministry not to collect two per cent of advance tax on rice ex

Myanmar Rice Federation (MRF) asked the Commerce Ministry not to collect advance taxes on rice and paddy exports, according to this Fedration. Additionally, MRF asked to reduce production costs, boost the production rate, shift the term to repay cultivation loans to the Myanma Agricultural Development Bank and cooperative associations, reduce the interest rate of loans […]

Myanmar sees boost in private investment in agriculture

Investment in agriculture by private companies is increasing in Myanmar, raising expectations that the modernization of the sector will progress at last. Myanmar Agribusiness Public Corp. (Mapco) has built a large rice mill in a bid to boost exports of rice, while Myanma Awba Group has launched a project to build an agricultural chemical factory. […]

Myanmar (Burma): Chinese rice body to open Yangon branch

The China Certification and Inspection Group (CCIG) will open a branch in Yangon next month, according to the Myanmar Rice Federation (MRF). It aimed to carry out quality inspection of rice due to be exported to China, the MRF said. Lu Maw Myint Maung, joint secretary of the MRF, said: Officials from the CCIG held […]

Rice sector faces long struggle

Whatever steps the incoming government may be contemplating to spur investment, agricultural experts see little improvement in the short term for rice cultivation. Even long-term development will be a drawn-out struggle, said Myanmar Rice Federation general secretary U Ye Aung. In a recent interview with The Myanmar Times, U Ye Aung said barriers to raising […]

Thai rice illegally imported into Myanmar

As domestic rice prices increase, cheaper and higher quality rice is now being illegally imported from Thailand, Myanmar rice traders say. Speculation over rice shortages since nationwide flooding in July and August increased transportation costs in some areas, and high production costs for farmers have driven up rice prices around the country. To still the […]

MRF to Control Rice Prices

The Myanmar Rice Federation (MRF) will work towards controlling the price of rice at open wholesale rice centres in Yangon and other regions, according to U Aung Than Oo, chairman of the MRF. “The federation will monitor who increases the wholesale price of rice. If they find price gouging by rice distribution centres, we will […]

Myanmar to export 200,000 tonnes of rice to EU

Myanmar expects to earn US$1 billion on exports of 200,000 tonnes of rice to European Union countries during the 2015-16 fiscal year, according to Ye Min Aubg, the secretary of the Myanmar Rice and Paddy Federation. “We want to earn US$1 billion because at this moment we are getting between $6 million and to $7 […]

Mifan not Htamin: Rice Bags Must be Printed in Chinese

Legal exports of rice to China must include rice bags printed in Chinese language, according to an official from the Myanmar Rice Federation (MRF). The export of rice occurs mainly through the Muse border, where legal exports have recently started, but most rice passes through unsanctioned and illegal trade routes. According to the an agreement […]

Myanmar Rice Exports Highest in Over 50 yrs

Myanmar’s rice exports jumped over 50 percent on year to their highest level in over half a century in 2014-2015, a commerce ministry official said last Thursday. The country was once the world’s largest rice exporter, but output and shipments declined under 49 years of military rule that left the country impoverished and the economy […]