YANGON, Sept. 15 (Xinhua) — Myanmar exported 192,980 tons of rubber worth of 247.56 million U.S. dollars in the first 11 months from October to August of the present fiscal year 2018-19 , exceeding the targeted of 170,000 tons, according to the figures of the Ministry of Commerce on Sunday. The rubber exports increased by […]
Rubber exports expected to rise as production improves in Myanmar
Myanmar is expecting to export around 300,000 tonnes of rubber this year on the back of rising production at local plantations, U Khaing Myint, secretary of the Myanmar Rubber Planters and Producers Association (MRPPA) said last week. This is more than the government’s estimates of 260,000 tonnes this year, he said. Rubber exports have been […]
Forest fire destroys plantations in Myanmar’s Yangon region
YANGON, May 1 (Xinhua) — A forest fire has destroyed over 100 acres ( 40.5 hectares) rubber and bamboo plantations in Yangon region, according to the country’s Fire Services Department late on Tuesday. The forest fire broke out at a rubber farm in Potethinnyo village in Hlegu township of the region on Monday afternoon. The […]
ANRPC adds Myanmar as new member
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
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
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
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
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 […]