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Sugar production to be delayed this year, insiders say

Sugarcane crushing, which normally starts every November in sugar mills in Myanmar, will be postponed to December this year, an industry insider has revealed. Sugar prices have been dropping over the last year even uncommon weather conditions have delayed the harvesting of sugarcane. This has led to the postponement of the crushing process by a […]

Govt. signs two MoUs to produce electricity and sugar in Sagaing

Sagaing Region government is signed MoUs to produce electricity from biomass and sugar in the region during Invest Myanmar Summit 2019 held at Nay Pyi Taw, sources said. “We signed a first phase of project which worth US$200 million to produce sugar. The overall project will cost US$350 million. It will be a joint-ventured business […]

Myanmar ups efforts to stem fall in rice exports

Myanmar’s rice exports have been falling over the past year, and the government is upping efforts to diversify its markets and reduce costs to better compete with other exporting countries. Myanmar exported 1.7 million tonnes of rice and broken rice worth US$ 578 million in between April and December last year, according to the Ministry […]

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 […]

Myanmar food fights back

Amid the recent surge in popularity of foreign cuisine, restaurateurs look to raise the profile of traditional Myanmar food Korean food. Thai food. European food. Yangonites are increasingly spoiled for choice when choosing where to go for a meal. While broadening one’s culinary horizons can only be a good thing, traditional Myanmar restaurant owners are […]

Dawei port grows busier

The number of cargo ships arriving at and leaving Dawei port in Taninthayi Region has significantly increased this year compared to the same period last year. From January to April last year, 107 ships entered and exited the port trading 56,693 tonnes of goods. However, in the same period of this year, there were 111 […]

Thai Exim Bank to open rep office in Yangon

The Export-Import Bank of Thailand will open a representative office in Yangon, Myanmar, in April to assist the start-up or expansion of Thai companies there. Bank president Pisit Serewiwattana said.the Exim Bank has been given a licence to open an office in the former capital city by the Central Bank of Myanmar. The next step […]

Brazil sugar flows to Myanmar seen rising as Indian exports abate

Brazilian low quality white sugar flows are expected to increase to Myanmar, believed to be a gateway for sugar smuggled into China, as Indian sweetener exports fall. Surging domestic sugar prices in India mean that Indian mills will increasingly spurn the export market, traders say. Availability of Thai sugar is also thin due to hefty […]

Food processors push to allow sugar imports

Soaring sugar prices have prompted Mandalay food companies to appeal to the government for help. Myanmar Food Processors’ and Exporters’ Association (Mandalay) has asked the commerce ministry to allow the import of sugar, which has been blocked since the end of April. As world sugar prices have fallen, local prices have gone in the other […]