The Republic of the Union of Myanmar has joined the Association of Natural Rubber Producing Countries (ANRPC), the association announced 25 Sept. Myanmar produced 242,000 tonnes of natural rubber during the year ended June 2018 from 311,000 hectares of yielding rubber trees in the country. The country’s average annual yield is low at 777 kg […]
Rubber export earnings decline
July 6, 2018 by
Rubber export earnings declined during two-and half-month mini budget period due to a drop in global rubber price, according to the Commerce Ministry. Myanmar exported more rubber than the previous year in two-and half-month fiscal year. Khin Maung Lwin, assistant permanent secretary of the Commerce Ministry said: “Last year, the country earned US$ 53.641 million […]
Government, private sector promote local SME goods with export potential
June 5, 2018 by
The government is working together with the private sector to promote locally produced goods, including those made in the states and regions beyond Yangon. The aim is to export the goods and narrow the trade deficit, which is in line with the National Export Strategy. Last week, the Union of Myanmar Federation of Chambers of […]
Myanmar goods seek to penetrate int’l market through Canton Fair
February 20, 2018 by
YANGON, Feb. 13 (Xinhua) — Myanmar will seek to penetrate international market through exhibition of its goods at the upcoming 123rd Spring Canton Fair of China, the official Global New Light of Myanmar quoted the Ministry of Commerce as saying Tuesday. “Participating in the trade fair can not only prevent illegal trading but can promote […]
Transport and energy access barriers to Myeik industrialisation
July 25, 2017 by
The city in Tanintharyi Region amounts to far more than the gateway to over 800 islands of the archipelago. Access to energy and transport infrastructure remain the biggest barrier for industrialisation to take off in the city and its hinterland. The latest Colliers International report stated that Myeik has made great strides over the past […]
Myanmar’s edible bird nest industry comes home to roost
June 14, 2017 by
The cries of amorous swiftlets echo around the dark room, an unlikely gold mine for traders in southern Myanmar who are cashing in on rising demand for the edible nests from China’s growing middle class. Dozens of buildings dedicated to the tiny birds have sprung up around Bokpyin in recent years, their grey concrete structures […]
Rice and broken rice export hit 1.2million tonnes
February 9, 2017 by
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 […]
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