Over 11,000 rural households in Kayin (Karen) State are set to newly receive electricity thanks to a long-awaited solar panel program. Under the National Electrification Project (NEP), the World Bank and the Department of Rural Development are installing heavily subsidized solar panels, which were sold to villagers at a fraction of the real cost. The […]
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 […]
Rubber price on the rise with demand from abroad
December 14, 2016 by
With increasing demand from abroad, the price of rubber is on the rise at Ks1,000 to Ks1,010 per pound, Mon State rubber entrepreneurs said. The price of Ribbed Smoked Sheet Type 3 (RSS- 3) rubber was between Ks800 and Ks850 per pound last month. The current rubber price has risen up to Ks1,010 per pound. […]
Rubber market sales stable despite high price
November 17, 2016 by
The export market of rubber is stable in spite of the current high price, which resulted from the rise in the global rubber price, businessmen said. Over 80 per cent of rubber production in Myanmar is slated for export to China. Local rubber consumption is below 10 per cent. However, the rubber demand in the […]
Rubber market back to normal in northern Shan State from the rise of Chinese Yuan
November 4, 2016 by
The rubber market has been brought back to normal in Northern Shan State, resulting from a rise in the price of the Chinese Yuan, it is learnt. The price of rubber remained unchanged in 2015 and 2016 at 9,000 Chinese Yuan (CHY). The merchants stored the rubber in September watching the CHY exchange rate. The […]
Rubber and seed opened to foreign investors
March 31, 2016 by
Myanmar Investment Commission has chipped away at the list of enterprises in which foreign investors must form joint ventures with a local company – opening up the areas of seed and rubber production. The production and distribution of hybrid seeds, production and propagation of high-yield and local seeds, and the manufacturing of rubber and rubber products, […]
To see more of our clients click 