Myanmar Firm Building $12m Industrial Park in Push to Modernise Agriculture

​​ The Myanmar Ag­ribusiness Pub­lic Corporation is building a $12 million in­dustrial park in the delta region in a bid to push up the quality of Myanmar’s farming produce and at­tract investment. The park in Myaungmya township, about 150 kilo­metres west of Yangon, is slated for completion in late 2018, but already has basic infrastructure […]

MAPCO courts investment for agri-industry park

​​ Myanmar Agribusiness Public Corporation (MAPCO) is building the first of several planned agricultural industrial parks in Ayeyarwady Region aimed at attracting foreign and local investment into agriculture and agri-business. U Ye Min Aung, MAPCO’s managing director said the Myaungmya township-based project is small-scale but innovative. Basic infrastructure including roads, a jetty and an electricity […]

MTSH gives three companies green light to develop housing complex project in Thilawa SEZ

​​ A Japanese company, Super Hotel Co Ltd, and the Max and Myint Myat Htut Khaung companies, have been given the go-ahead for developments as part of a housing complex project in Thilawa Special Economic Zone, according to announcement from Myanmar Thilawa SEZ Holdings Public Limited (MTSH). Thilawa Property Development Limited (TPD), a subsidiary company […]

Myanmar under discussions with U.S. to export straw mushrooms

Discussions regarding mushroom exports is ongoing with the United States, said an official from the Myanmar Mushroom Cultivators and Distributors Association. Myanmar is negotiating with the U.S. to export 100 tonnes of straw mushrooms annually. A company from China (Taiwan) is providing assistance in the discussions, said U Nay Win, the chairman of Myanmar Mushroom […]

Gems Emporium Expected to Attract US and EU Traders

RANGOON — More Western jade traders are expected to attend to the upcoming Naypyidaw Gems Emporium, after the lifting of US economic sanctions last month. Among the American restrictions which were lifted was a longtime ban on transactions involving jade, gems and jewelry from Burma. The move by the US government—announced in September—was criticized by […]

Myanmar’s Strongest Ethnic Armed Group Says Drug Label ‘Not Fair’

PANGSAN, Myanmar: Myanmar’s most powerful ethnic armed group, accused by the United States of running a narco-empire that has flooded Asia with illegal drugs, has rejected the allegation, saying Washington has blacklisted its leaders for political reasons. The United Wa State Army (UWSA) boasts some 30,000 soldiers who control a secretive, China-dominated statelet the size of Belgium in the remote hills on Myanmar’s eastern border. After decades of […]

Local firm plans Daewoo bus factory in Yangon

Myanmar Coach Centre, the local distributor for Daewoo buses, plans to build a factory in Yangon that could start producing coaches and city buses by 2018, its managing director said. The company, which sells minibuses and coaches for tours, imported 15 Daewoo city buses earlier this year for Yangon’s Bus Rapid Transport (BRT) system, the […]

Taiwan and EU cease buying Myanmar green peas

TAIWAN and the EU have stopped buying Myanmar green peas due to their finding the remnants of insecticides inside the product, it has been learned from merchants of beans and pulses. “We exported the green peas only after testing them at the government’s recognised laboratories. Taiwan and the EU, however, have complained that they found […]

Jade Sales Drop Significantly at Govt Emporium

RANGOON — Sales of raw jade at the government-run biannual Gems Emporium in Naypyidaw have been markedly lower than in previous years. Organizers have pointed to slowing Chinese demand as well as a government policy to limit sales of raw jade as a means of boosting value-added jade processing in Burma. Previously, Chinese traders would […]

Myanmar’s coffee growers bank on specialty niche

MANDALAY, Myanmar — When Tin Win Win opened Fuji Coffee House and Restaurant in Yangon in 1996, she had to make special trips abroad to source quality coffee beans. “She used to hand carry back Brazilian and African beans and process them with a mini-roaster,” recalled her son, Thu Zaw, who now heads the family’s […]