Indian Government Considering Afghanistan, Myanmar’s Proposal to Boost Pharma Exports

NEW DELHI: India is examining a proposal from Afghanistan to help set up a manufacturing base for pharmaceutical products, along with another proposal from Myanmarto supply generic drugs, as part of its efforts to shore up declining exports. The department of commerce is closely examining Afghanistan’s proposal seeking India’s help in setting up a manufacturing […]

New Myanmar oil pipeline bolsters China’s energy security

The opening of an oil pipeline through Myanmar is a big step forward for China’s energy security, reducing the major importer’s reliance on shipments through waters where the U.S. exerts strong influence. Chinese President Xi Jinping and Htin Kyaw, his counterpart from Myanmar, agreed Monday to activate an oil pipeline stretching roughly 770km from Kyaukpyu, […]

Myanmar’s mango planned to penetrate Russia market

Myanmar’s mango is being planned to penetrate the Russian market, said a local association for technology and market promotion of Myanmar’s mango. Sein Ta Lone (Diamond Solitaire) and Yingwe varieties of mango will be exported to Russian market, and the dried mango and other mango products will also be exported to South Korea, Thailand and […]

Myanmar Has Earned Over $370m From Rice Exports So Far This Fiscal Year – Ministry

​​ Myanmar export­ed over 1.2 mil­lion tons of rice in the first 10 months of the current fiscal year, earning $376 million, ac­cording to the figures of Ministry of Commerce. As of January, 68 per­cent of rice exports, or 800,000 tons, were sold through border trade, while over 400,000 tons were sold through other channels, […]

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. […]

Australia Wants AIIB to Invest in Coal Power

​​ Australia is reportedly lobbying hard for the China-led Asian Infrastructure Investment Bank (AIIB) to invest in coal power projects in Asian countries. The newly-established development bank is currently drafting its energy strategy and the prospect that coal could be excluded from its priorities has alarmed both the Australian government and the country’s powerful coal […]

China Declines to React on Indo-Russian Gas Swap Proposal

​​ BEIJING: China today refused to comment on a proposal being pushed by India and Russia to swap natural gas between the countries, including Myanmar, saying it was not aware of the details and preferred to know the reactions of other parties involved. ONGC Videsh Ltd Managing Director Narendra K Verma said yesterday in New […]

Myanmar’s River Catfish to Penetrate Russia’s Market

Myanmar’s river catfish (Silonia children) will reportedly soon become available on the Russian market. Catfish is inexpensive and popular among low-income people in Myanmar. About 2,000 tonnes of sliced river catfish will be exported to Russia every month starting from March, 2017. However, exporters might be faced with difficulties in fulfilling the demand at the […]

Russia, Myanmar Launch Working Body for Nuclear Tech Cooperation

Russia and Myanmar this week established a working body for nuclear technology cooperation, according to officials. Little is known about the bilateral taskforce, including who is involved or even how many members are included. The two countries signed a memorandum of understanding (MoU) to cooperate in nuclear technology for peaceful purposes in June last year. According to […]

CMP garment industry eyes US, Canadian and Russian markets

Myanmar garment factories with Cutting-Making and Packing (CMP) systems plan to expand their markets to America, Canada and Russia, said an official from Myanmar Garments Entrepreneurs’ Association. Myanmar’s main markets currently are Japan, South Korea and the EU Myanmar is making a concerted effort to boost its export products focusing mainly on its garment and […]