Myanmar FDI approval misses target, but huge projects expected this year

Myanmar saw US$5.7 billion worth of foreign direct investments (FDI) approvals during fiscal 2019-20, just around US$100 million shy of its US$5.8 billion target, said U Thant Sin Lwin, Director General of Directorate of Investment and Company Administration. The shortfall was due to the COVID-19 pandemic, which hampered the flow of investments into Myanmar since […]

Fish exports set to take a dive

Poor investment prospects and production could lead to a US$100 million shortfall in estimated fisheries exports this year, industry experts said. Fishery exports during the 2012-13 fiscal year totalled about $650 million worth of fish being sold to China, Thailand and as far as the Middle East and US, according to government data. This year […]